(a) The Plan shall be administered by the Board of Commissioners of the Township. The Board shall make and adopt rules and regulations for the efficient administration of this Plan.
(b) The Board shall keep all data, records and documents pertaining to the administration of the Plan, shall execute all documents necessary to carry out the provisions of this Plan and shall provide all such data, records and documents to the professionals whose services are employed pursuant to Section 294.08(b).
(c) The Board shall construe this Plan, shall determine any question or fact arising under this Plan and shall make all decisions required of it under this Plan. Decisions and actions taken thereon in good faith shall be final and conclusive. The Board may correct any defect, supply any omission or reconcile any inconsistency in such manner and to such extent of which it shall be the sole judge. The Board shall act uniformly with respect to matters coming before it concerning employees in similar circumstances.
(d) The members of the Board, and each of them, shall be free of all liability for any act or omission except by willful misconduct or gross negligence, and each of them shall be fully indemnified by the Township against all judgments not involving findings of their respective personal or collective willful misconduct or gross negligence and against all expenses, including counsel fees, incurred in defense of actions brought against them.
(e) The Board shall make available to members, retired members and terminated members, and to their beneficiaries, for examination during business hours, such records as pertain to the person examining them.
(f) To enable the Board to perform its function, the Township administration shall supply full and timely information to it on all matters relating to the pay of all members, their retirement, death and termination of employment, and such other pertinent facts as the Board may require.
(g) The Board shall enact such rules and regulations for the conduct of its business and for the administration of this Plan as it may consider desirable, provided the same shall not be in conflict with any of the provisions of this Plan. All actions of the Board shall be taken at meetings at which at least four members shall be present, or by written resolutions concurred in by not less than four of its members. Written minutes shall be kept of the meetings and actions of the Board.
(h) The Secretary, acting on behalf of the Board, or any four members of the Board, shall have the power to execute all documents necessary to carry out the actions of the Board. Any person, partnership, corporation or government agency shall accept such documents over such signature or signatures as if they were executed by the Board.
(Ord. 91-5. Passed 6-24-91.)