(a) There is hereby adopted, in and for the Township, a Nonuniformed Pension Plan for nonuniformed employees of the Township, which Plan is a defined contribution plan.
(b) Benefits provided under the Plan shall be as set forth in the Nonuniformed Pension Plan Document, attached to original Resolution 92-13, passed December 21, 1992.
(c) The Township Secretary shall serve as the Chief Administrative Officer of the Plan.
(Res. 92-13. Passed 12-21-92.)
(d) The rate of contribution required by the Township on behalf of its members under the Plan shall be six percent of compensation on behalf of each member, effective January 1, 1995.
(Res. 95-5. Passed 4-17-95.)