Hatfield adopts changes to borough defined‑contribution plan, sets manager contribution at 7%

Jun 20, 2024

Hatfield Borough Council adopted Ordinance No. 553 revising employee contributions to the borough defined‑contribution plan (4% for most employees; manager 7%), retroactive to Jan. 1 to align with budget and pension‑administrator guidance.

The full story

Hatfield Borough Council voted June 19 to adopt Ordinance No. 553, revising contribution levels for the borough’s defined‑contribution retirement plan. The council approved the ordinance by voice vote; the chair called for “Aye,” and there were no opposed votes.

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