What steps are involved when determining a retirement benefit?
The municipality must maintain a copy of the pension determination (computation) which should include: Pension plan committee approval of the retirement; Salary on which the pension has been based; Date of employment, birth, and retirement and if a spouse’s pension is provided, the spouse’s name and date of birth; Record of service time; Additional service credited, i.e., military service credit; Verification of age; Where social security offset is applicable, the amount, and date of inception; For disability pensions, the municipality must have a certification of examination and/or re-examination by competent medical specialist(s) describing the nature of the physical or mental limitation(s). The municipality is responsible for establishing required standards for disability by ordinance within the framework of applicable commonwealth legislation.
