The Township Deferred Compensation Plan as provided by the Internal Revenue Code shall be considered a separate and distinct plan from any township pension plan. The Deputy Clerk and Deputy Treasurer’s eligibility, as well as the eligibility for all employees working less than full time as described herein, as well as the opted out employees’ eligibility for deferred compensation as provided by the Internal Revenue Code, shall be separately determined by the applicable collective bargaining agreement, employment agreement or township policy and the Internal Revenue Code.
(Prior Code, § II-7.03)