A. A Board of Trustees is hereby established for the purpose of administering the Nonuniformed Pension Plan, which Board shall be known as the "Upper Dublin Township Nonuniformed Pension Plan and Pension Fund Board of Trustees" (hereinafter "Nonuniformed Pension Board").
B. Composition.
(1) The Nonuniformed Pension Board shall consist of five Trustees who shall be selected as follows:
(a) The President of the Board of Commissioners or an individual appointed by the Board of Commissioners.
(b) The Township Manager.
(c) The Township Finance Director.
(d) One member representing the unionized employees of the township, selected by the vote of a majority of such unionized employees.
(e) One member representing the nonunionized employees of the township, selected by the vote of a majority of such nonunionized employees.
(2) The Chairman of the Nonuniformed Pension Board shall be the President of the Board of Commissioners or the Commissioners' representative.
C. Pension Board Trustees shall serve without compensation.
D. Initially, one Trustee shall be appointed to serve for five years, one for four years, one for three years, one for two years and one for one year. Thereafter, each Trustee shall be appointed for a five-year term. Trustees may be appointed or reelected.
E. The Township Manager shall appoint a secretary as the nonvoting Secretary of the Nonuniformed Pension Board who shall keep minutes of the Nonuniformed Pension Board's proceedings and all dates, records and documents pertaining to the nonuniformed Pension Board's administration and the Nonuniformed pension plan.
F. No Trustee shall be liable for any act or omission of any other Trustee nor for any act or omission on his own part excepting only his own willful misconduct. The township shall indemnify and save harmless claims or liabilities arising from an individuals actions taken as a Nonuniformed Pension Board Trustee, excepting only expenses and liabilities arising out of a Trustee's own willful misconduct. Trustees shall serve without bond.
G. No Trustee shall vote on any matter in which he has a direct personal interest.
H. The action of the Nonuniformed Pension Board shall be determined by the vote or other affirmative expression of a majority of its Trustees. All actions of the Nonuniformed Pension Board shall be certified by its Chairman and attested by its Secretary.
I. The Nonuniformed Pension Board shall meet at least semiannually and at other times at the call of the Chairman or the request of at least three members of the Nonuniformed Pension Board.