BOROUGH OF CLARKS SUMMIT Resolution 2021-22 Resolved this 1st day of December, 2021 by the Borough Council of Clarks Summit, County of Lackawanna, Commonwealth ofl Pennsylvania. WHEREAS, the Borough of Clarks Summit maintains al Defined Benefit Pension Plan for all its full WHEREAS, the Ordinance requires members to contribute monthly an amount of five and one half WHEREAS, thej provisions of Act 600 (53 P.S. 772/ amended Apr. 172002, P.L. 239, No. 30) allows WHEREAS, the current actuarial report indicates the funding situation oft the plan as such that member contributions to the plan may be suspended or reduced for 2022 without impairing the actuarial soundness of NOW, THEREFORE, be it resolved by the Borough Council of the Borough of Clarks Summit, Lackawanna County, that for the calendar year 2022, member contributions to the Borough of Clarks Summit Police Pension Plan are hereby increased to five and one half percent (5.5%) of the full time Police Officers time Police Officers, established by Ordinance 82-4, dated January 6th, 1982, etseq., and (5.5%) percent of their gross compensation, and; the municipality/Borough to1 reduce member contributions on an annual basis, and; the plan. gross compensation. Adopted this Ist day of December, 2021 C Goma Council President APPROVED: Approved this ist day of December, 2021. R HERMANJOHNSON Mayor, Borough ofClarks! Summit ATTESTr 202). 1 Adopted at the Regular/Council Meeting of the Clarks Summit Borough Council, this 1st day of December, Borough - 4