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Montgomery Township adopts amendment to police pension plan removing service increment for recent hires
Summary
The Board of Supervisors adopted Ordinance 25-349 to amend the police pension plan, eliminating a service increment for officers hired after Jan. 1, 2021, and adding an early-retirement benefit for officers with 20 or more years of service; the measure was recommended after a review with the plan actuary.
The Montgomery Township Board of Supervisors voted to adopt Ordinance 25-349 amending the township police pension plan to eliminate a service increment for officers hired after Jan. 1, 2021, and to add an early-retirement benefit for officers with 20 years or more of service.
Township staff member Carolyn McCreery presented the change, saying it was identified during a…
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