BOROUGH OF CLARKSSUMMIT Resolution 2020-01  Resolved this 6th day of January, 2020 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 (5%) percent of WHEREAS, the provisions of Act 600 (53 P.S. 772/ amended Apr. 172 2002, P.L. 239, No. 30) allows WHEREAS, the current actuarial report indicates thei funding situation of 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 percent (5%) of the full time Police Officers gross  time Police Officers, established by Ordinance 82-4, dated. January 6t, 1982, et seq., and  their gross compensation, and;  ther municipality/Borough to reduce member contributions on an annual basis, and;  thej plan.  compensation.  Adopted this 6th day of. January, 2020  CGeer C  Councill President  APPROVED:  Approved this 6th day ofJanuary,2020.  HERMANJOHNSON  Mayor, Borough ofClarks Summit ATTEST:  Adopted'at the Regular Council Meeting of the Clarks Summit Borough Council, this 6th day of. January,  Seal 305  6