Caernarvon Township updates pension plan under new Pennsylvania contract
Caernarvon Township in Lancaster County, Pennsylvania, has agreed to amend its non-uniform pension plan. The changes come under a new contract with the Pennsylvania Municipal Retirement Board. Officials have also confirmed the townshipâs commitment to state pension laws and funding standards.
The townshipâs Board of Supervisors approved the updated pension agreement, which outlines payment responsibilities and liability assumptions. Under the terms, the Pennsylvania Municipal Retirement System will manage the plan and distribute benefits according to the official documents.
The contract will take effect once authorised and formally filed with the system. As part of the update, Caernarvon Township has pledged to follow the Pennsylvania Municipal Retirement Law and the Municipal Pension Plan Funding Standard and Recovery Act. No current solicitor for the townshipâs board was named in available records. While Berks County lists solicitors such as Christine M. Sadler, Esq., and Cody Kauffman, Esq., no specific details were found regarding Caernarvon Townshipâs legal representation.
The amended pension plan will now be administered by the state retirement system. Caernarvon Townshipâs compliance with funding and legal requirements ensures the agreement moves forward. The next step involves formal authorisation and filing before the changes take full effect.