The township may elect to apply § A261-80 with respect to any limitation year ending after December 31, 1986, by adjusting the numerator under § A261-80 by using an alternate amount for all limitation years beginning on or before December 31, 1986. The adjustment is to subtract permanently from the numerator of the defined contribution fraction an amount equal to the product of Subsections A and B below:
A. The sum of the defined contribution fraction and the defined benefit fraction as of the determination date, minus 1.0; times
B. The denominator of the defined contribution fraction as of the determination date.