The pension fund shall be maintained by:
A. Payments made by the Commonwealth Treasurer to the Township Treasurer from moneys received pursuant to the Municipal Pension Plan Funding Standard and Recovery Act, Act of December 18, 1984, P.L. 1005, No. 205, as amended, 53 P.S. § 895.101 et seq. (“Act 205”), and allocated for retirement or disability benefits for members and terminated members. Payments from the Commonwealth Treasurer shall be delivered by the Township Treasurer to the pension fund within the statutory time period following receipt by the Township Treasurer.
B. Required contributions by each member as set forth in § A261-51 herein and in the current collective bargaining agreement. Required contributions shall be made through payroll deductions on salary, excluding overtime pay as described in § A261-36, received by members in the same frequency that members receive their salary. Required contributions shall be paid into the pension fund at the end of the month of their deduction.
C. Annual appropriations to the pension fund made by the township.
D. Gifts, grants, devises or bequests made to the pension fund.