Definitions

Act 205 of 1984, § 702, under MUNICIPAL PENSION PLAN FUNDING STANDARD AND RECOVERY ACT.

Act 205 of 1984, § 702

Section 702. Definitions.

The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:

"Fund." The net amount received by the Commonwealth from the tax on gross premiums paid by foreign fire insurance companies pursuant to section 902 of the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971.

"Governing body." The council of a city, borough or incorporated town, the commissioners of a township of the first class, the supervisors of a township of the second class or any similar body in home rule charter municipalities.

"Municipality." Any city, borough, incorporated town, township or other similar unit of government created pursuant to the act of April 13, 1972 (P.L.184, No.62), known as the Home Rule Charter and Optional Plans Law, and the act of April 21, 1949 (P.L.665, No.155), known as the First Class City Home Rule Act.

"Treasurer." The elected or appointed treasurer in any city, borough, incorporated town, township or other similar officer in home rule charter municipalities.

Compiler's Note: Section 22 of Act 53 of 2022 provided that the definition of "fund" is repealed to the extent it is inconsistent with the provisions of Act 53.