BOROUGH OF CLARKS SUMMIT Resolution: 2020-22 Resolved this 2nd day of December, 2020 by the Borough Council of Clarks Summit, County of Lackawanna, Commonwealth of Pennsylvania. WHEREAS, the Borough of Clarks Summit maintains a Defined Benefit Pension Plan for all its full WHEREAS, the Ordinance requires members to contribute monthly an amount of five (5%) percent of WHEREAS, the provisions of Act 600 (531 P.S. 772/ amended Apr. 17 2002, 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 2020 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 2020, 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, et seq, and their gross compensation, and; the municipality/Borough to reduce member contributions on an annual basis, and; the plan. gross compensation. Adopted this 2nd day ofl December, 2020 - ceme Council President a APPROVED: Approved this 2nd day ofl December, 2020. adhaa Mayor, Borough ofClarks Summit ATTEST: 2029 Adopteaa att the Regular Council Meeting of the Clarks Summit Borough Council, this 2nd day of December, LARK CLASS 6