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HomeMy WebLinkAbout347 BiddleMr. Harry J. Biddle R.D. #1 Bedford, PA 15522 RE: #83 -80 -C Dear Mr. Biddle: STATE ETHICS COMMISSION 308 FINANCE BUILDING HARRISBURG, PENNSYLVANIA 17120 ORDER OF THE COMMISSION November 28, 1984 Order No. 347 The State Ethics Commission has received a complaint regarding you and a possible violation of Act 170 of 1978. The Commission has now completed its investigation. The individual allegations, conclusions and findings on which those conclusions are based are as follows: I. Allegation: That as a Township Supervisor you participated in establishing a Pension -life Insurance Plan(s) and policies, paid for by Township funds, which were uniquely designed to benefit your personal interests and from which you, as one of the trustees and /or beneficiaries, realized cash value thereby violating the provisions of the Ethics Act, especially Section 3(a), 65 P.S. 403(a). A. Findings: 1. You served as a Supervisor in Bedford Township, a Township of the second class, hereinafter, the Township, from January, 1953 until December 31, 1983. As an elected public official you were subject to the provisions of the Ethics Act. 2. From January, 1953 through December 31, 1983, you were employed full -time by the Township as Roadmaster, in accordance with the provisions of the Second Class Township Code, 53 P.S. 65511 and 65515. a. Minutes of reorganization meetings for that period confirm that the Board of Supervisors annually reappointed you to the position of Roadmaster. Mr. Harry J. Biddle November 28, 1984 Page 2 b. In accordance with the provisions of the Second Class Township Code, hereinafter, the Code 53 P.S. 65515, your compensation, when acting as a Roadmaster, was to be fixed by the Township auditors. c. "Compensation" is a term that includes or encompasses more than mere wages and includes retirement benefits which are characterized by the courts as "deferred compensation." See McCutcheon v. SEC, 466 A.2d 283, 286 (1983). d. As a Roadmaster you were paid and received the following, for the period 1979 - 1983, as gross wages: 1979 - $12,823.09 1982 - $11,547.25 1980 - $13,624.79 1983 - $15,808.52 1981 - $15,361.01 3. The minutes or reports of the meeting of the auditors of the Township, available for our review, from 1975 to 1983, indicate the following with respect to the setting of the compensation for Supervisors: a. (1) Meeting Date: January 7, 1975. (2) Wages /salaries fixed as follows: - $4.25 per hour - January 1, 1975 through June 30, 1975 - Road - master /Heavy Equipment Operator. - $4.35 per hour - July 1, 1975 through December 31, 1975. - $4.00 per hour - January 1, 1975 through June 30, 1975 - Road Supervisor /Operating other Equipment. - $4.10 per hour - July 1, 1975 through December 31, 1975. - $40.00 per week - January 1, 1975 through December 31, 1975 - Expense Account in lieu of salary for Lawrence Hixon, Supervisor. (3) Benefits, other than wages fixed as follows: Paid Vacation for Bedford Township Supervisors was set and approved as follows: 2 weeks per year - 1 through 12 years service; 3 weeks per year - 12 years or more service. Retirement Plan: Attorney Lins explained that Bedford Township pays a percentage of each Supervisor's salary into a fund approved by the Federal Government that is held in escrow as tax -free income until each supervisor elects to withdraw it Mr. Harry J. Biddle November 28, 1984 Page 3 either in a lump sum or in monthly payments. It was moved by Jim Thomas and seconded by Berneice Lindemood that Bedford Township continue participation in the existing retirement plan. Motion carried. b. (1) Meeting date: January 6, 1976. (2) Wages /salaries fixed as follows: Roadmaster /Heavy 1976 by $.25 per Road Supervisor's per hour. Equipment Operator - increased for fiscal hour to $4.60 per hour. hourly rate increased $.25 per hour to $4.35 Expense account for Lawrence Nixon, Supervisor, raised $5.00 per week to total of $45.00 per week. (3) Benefits, other than wages, fixed as follows: Paid Vacation for Bedford Township Supervisors was set and approved as follows: 2 weeks per year 1 through 12 years service; 3 weeks per year 12 years or more service. Retirement Plan: It was moved by Jim Thomas and seconded by Don Kane that Bedford Township continue participation in the existing retirement plan. Motion carried. c. (1) Meeting date: January 4, 1977 (2) Wages /salaries fixed as follows: Heavy Equipment Operator - $4.85 hour. Working Supervisor - $4.60 per hour. (3) Benefits, other than wages, fixed as follows: Primary election day approved as a paid holiday for working Supervisor(s). Six days sick leave per year to a working Supervisor. That "any items not specifically covered from the 1976 minutes will remain unchanged." d. (1) Meeting date: January 3, 1978 Mr. Harry J. Biddle November 28, 1984 Page 4 g. (2) Wages /salaries fixed as follows: - Heavy Equipment Operator - $5.20 per hour. - Working supervisor - $4.94 per hour. Expense account, non - working Supervisor. Expense account for Lawrence Nixon, Supervisor, no more than $45.00 per week. Benefits, other than wages, fixed as follows: (3) ▪ Vacation and holidays, same as 1977. - Approved continuation of "existing retirement plan." e. (1) Meeting date: February 7, 1978, special meeting. (2) Wages /salaries - no charge except that non - working Supervisor Hixon's expense account authorization was discontinued. f. (1) Meeting date: January 3, 1979 (2) Wages /salaries fixed as follows: - Heavy Equipment Operator - $5.55 per hour. Working Supervisor - $5.30 per hour. (3) Benefits, other than wages fixed as follows: Vacation, same as 1978. Approved continuation of "existing retirement plan." (1) Meeting date: January 8, 1980 (2) Wages /salaries fixed as follows: Heavy Equipment Operator - $6.00 per hour. Working Supervisor - $5.75 per hour. Benefits, other than wages, fixed or discussed as follows: Vacation - 1 year service - 5 work days; 2 years service - 10 work days; 7 years service - 15 work days. (3) Mr. Harry J. Biddle November 28, 1984 Page 5 Paid holidays same as 1979 with addition of Good Friday. Sick leave set at six days per year. Deferred approval of hospitalization plan for Supervisors until auditors get report from supervisors on cost of proposed plan. No mention of retirement plan. h. (1) Meeting date: uncertain. (2) Wages /salaries - not reviewed. (3) Benefits other than wages, discussed and documented in a letter sent by auditors to Township supervisors as of May 6, 1980. The letter states, in effect, that the auditors were aware of a pension plan adopted in June, 1979 to include Supervisors Biddle and Weaver at a cost of $4,400 per year. The auditors state that this program is a form of compensation, subject to approval of auditors. Auditors specifically disapprove this plan, order the Supervisors to dissolve same and return the $4,400 to the General Fund of the Township. Further, the auditors mandate Solicitor Lins be removed from pension program provided by Township through Connecticut General and that all contributions and interest paid into such plan on his account be redeemed and returned to the General Fund. i. (1) Meeting date: January, 1981 (2) Wages /salaries fixed as follows - not mentioned. (3) Benefits, other than wages fixed or discussed as follows: Vacation - same as 1980. Sick leave set at 10 days per year. Motion approved as follows: .. that any salary increase be delayed until the pension program problems are resolved and at that time if increases are granted, consider the possibility of making them retro- active as of January 1, 1981.' This decision was communicated to the supervisors in the report of April 1, 1981. j. (1) Meeting date: Janaury 5, 1982 Mr. Harry J. Biddle November 28, 1984 Page 6 (2) Wages /salaries fixed as follows: Heavy Equipment Operator - $7.00 per hour. Working supervisors - $6.75 per hour. (3) Benefits, other than wages, fixed as follows: Moved and approved that all benefits remain the same as last year. k. (1) Meeting date: January 4, 1983 (2) Wages /salaries fixed as follows: Roadmaster would get a $.75 per hour raise. Assistant roadmaster would get a $.50 per hour raise. Non - working supervisor would get a $.25 per hour raise. (3) Benefits, other than wages, fixed as follows: "Benefits stay same as last year." 4. As early as 1969 the Township Supervisors had discussed the possibility of establishing a pension plan for the supervisors and Township employes. a. At a special meeting of the Bedford Township Supervisors held on December 15, 1969, a resolution was passed, effective that date, authorizing installation of a pension plan and the signing of any and all documents in connection therewith and that the necessary amounts be paid to the Trustees and the Connecticut General Life Insurance Company. You signed that resolution. b. At that same meeting, the supervisors established a Pension Plan Trust Agreement. You also signed that agreement. 5. Additional minutes of the Bedford Township Supervisors' meetings confirm the following: a. June 2, 1970: Robert Hill, representing Connecticut General Insurance Company, presented pension proposal for supervisors and employees. Motion by Biddle, second by Defibaugh to accept Hill's proposal. Motion passed by a 2 to 1 vote. Supervisor Roy Shaffer voting no and you voted to approve this proposal. Mr. Harry J. Biddle November 28, 1984 Page 7 b. August 4, 1970: The Supervisors agree to a life insurance and pension plan from Connecticut General for a one -year period retro- active to January 1, 1970. The supervisors also approved and adopted a trust agreement with Richard Lins and C. Harold Defibaugh named Trustees. c. February 5, 1974: Motion Shaffer, second Lawrence Hixon to appoint Harry Biddle Trustee of the Pension Plan replacing C. Harold Defibaugh whose term of office expired on December 31, 1983. Motion passed. d. June 25, 1979: Special meeting regarding pension plan. Supervisors report that upon examination of the pension plan, it is recommended that an annual contribution of $1,000 per participant be made to pension fund, plus a percentage of the covered employees' wages. Motion to approve made by Preston Weaver, seconded by Nixon. Motion passed unanimously, you voted. e. March 4, 1980: Agents from Travelers and Metropolitan Insurance companies presented proposals. Joe Lurie, Metropolitan agent, notes his proposal is an approved IRS plan with no life insurance policies and that each participant should be employed 1,000 hours annually to be eligible. f. March 25, 1980: Controversy arose over legality of the present pension -life insurance retirement plans. Assets of current plan listed as $11,500 with a second plan including only Harry Biddle and Preston Weaver having an initial contribution in 1979 of $4,400 from the Township general funds. Joe Lurie suggests the present plans are discriminatory. After heated discussion, the issue was tabled. You chaired that meeting. g. May 6, 1980: Supervisor Howard Reppert reads a letter addressed to the Township Supervisors' from the Township auditors asking that an expenditure of $4,400 be reimbursed to the Township because the auditors specifically disapproved these payments as part of the compensation for supervisors (see No. 3, h, above). You chaired this supervisors' meeting. h. (1) July 1, 1980: Auditors were present and inquired about their surcharge letter (see No. 3, above) to the supervisors. Secretary Thomas Ickes reported that he wrote to the Columbia Life Insurance Company asking for a full refund but he has had no reply. Auditor Kane noted that the letter by the auditors was also a notice of a legal surcharge to the supervisors if the money is not returned. (2) Motion Biddle, second Weaver that the supervisors adopt an additional pension plan for working supervisors. Resolution passed to join the Municipal Employee's Retirement System under Article 4 -1/80, with the Township picking up all years for past service. Resolution passed by a 2 to 1 vote. You and Weaver voted in favor, Reppert opposing. Mr. Harry J. Biddle Page 8 November 28, 1984 i. November 5, 1980: Following discussion on the Municipal Employees Retirement System for working supervisors, it was agreed to have an amendment prepared to inlcude 10 years prior service and a 50 -50 employee - employer contribution for a total of 7.0%. You chaired that meeting and approved the amendment. (1) April 1, 1981: Auditor's Report. The Township auditors hand - delivered a letter to the Board of Supervisors which stated, "they will not approve participation by the supervisors in any existing or future proposed pension plan from this date forward." Further, any expenditure of Township funds to any existing pension plan would be subject to surcharge. (2) At suggestion of Township Secretary /Treasurer Thomas Ickes, Motion by Weaver, second by Billotte to inform the State Municipal Pension Board that the Township hereby dissolves itself of any participation in their pension program. Passed to 2 to 0 vote with Reppert abstaining. (3) Secretary Treasurer Ickes instructed to notify Connecticut General that past due premium in an amount of $1,107 would not be renewed in view of the Auditor's ruling and that no stock held should be transferred to cover such premiums. k. Sometime after the Supervisors received this April 1, 1981 letter /report from the auditors, you and Supervisor Weaver sent a letter to the auditors stating: (1) That you and Weaver had completed reimbursing the Township for expenses associated with the purchase of insurance from Columbia Insurance Company (see No. 5, f, above); (2) That if the auditors would approve "bringing current" the Connecticut General Fund for yourself and Supervisor Weaver, the supervisors would approve resolutions to terminate all other pesnsions that would benefit them in any way; (3) That the working supervisors wanted a 13% cost of living adjustment retro- active to January 1st as to their per hour wage and payment of 11 cents per hour into a medical benefit plan similar to that approved for other working employees. (4) That if the auditors did not approve of these requests "consideration will be given to the submission of a resignation by Road Foreman, Harry Biddle, ... and it will be necessary to hire a qualified and capable foreman ... for remainder of the year." j• Mr. Harry J. Biddle November 28, 1984 Page 9 6. Records of the Connecticut General Life Insurance Company confirm that the Township supervisors purchased a pension plan, hereinafter, the Plan, that included whole life insurance policies, hereinafter referred to as the life - policies, and a side mutual fund, hereinafter, the Fund. a. The Plan became effective December 15, 1969 with C. Harold Defibaugh and Richard Lins listed as trustees. b. Account number of the Fund was 520007667. c. Contributions to the Fund by Bedford Township were made as follows: (1) 7/2/70 - $5,202.49 (2) 5/27/71 - $5,202.49 (3) 3/29/72 - $2,500.00 (4) 7/26/72 - $2,702.49 (5) 5/16/73 - $3,168.00 (6) 2/3/75 - $5,847.05 (7) 1/13/76 - $1,769.76 (8) 6/4/79 - $2,500.00 (9) No contributions were made after June 4, 1979. d. Captial gain re- investments were made to the Fund as follows: (1) 2/10/81 - $2,917.11 (2) 2/22/82 - $205.41 - short term. (3) 2/23/82 - $1,162.44 - long term. (4) 2/22/83 - $303.98 - short term. (5) 2/22/83 - $1,044.93 - long term. e. 1977 - Account Number changes to 520036407 after Harry Biddle replaces C. Harold Defibaugh as Trustee. f. Fund shares were redeemed as follows: (1) 8/23/74 - $6,483.86 (964.860 shares) for former Supevisor C. Harold Defibaugh. Mr. Harry J. Biddle Page 10 November 28, 1984 (2) 10/1/74 - $5,847.05 (964.860 shares) for former Supervisor Roy Shaffer. (3) 2/24/83 - $28,314.58 (2,029.719 shares) - See Finding No. 9 for the breakdown of recipients of this sum. g. You are listed as insured under life insurance policy No. 1354292 issued in 1969 at an annual premium of $484.96 and policy No. 1522764 issued in 1973 at an annual premium of $65.57. h. Premiums for this life - policy were paid to Connecticut General by Bedford Township as follows: Premium Due Date Amount Date Received C. G. (1) 12/15/69 $2,448.69 10/19/70 (2) 12/15/70 2,448.69 2/26/71 (3) 12/15/71 2,448.69 1/11/72 (4) 12/15/72 2,448.69 12/11/72 (5) 12/15/73 1,424.63 1/25/74 (6) 12/15/74 1,107.70 12/16/74 (7) 12/15/76 1,107.70 1/5/76 (8) 12/15/77 1,107.70 12/7/76 (9) 12/15/78 1,107.70 12/1/78 (10) 12/15/79 1,107.70 1/3/80 (11) 12/15/80 1,107.70 3/10/81 7. You terminated your participation in the Plan and by letter dated March 8, 1983, from Connecticut General to the Township you received a check No. 55198128 in the amount of $185.60 and a check No. 55198127 in the amount of $2,107.12. a. These checks were made payable to you. b. These checks represented the cash surrender value for life- insurance policies Nos. 1354292 and 1522764. Mr. Harry J. Biddle Page 11 c. These policies were whole life policies on which you were the owner, but for which the Township paid the premiums as described in No. 6 above. d. There is no evidence that the amounts of these checks were deposited or returned to the Township's benefit. e. You admit you received these checks and cashed same or otherwise converted or reduced these checks to your own account and /or use. 8. In addition to the cash surrender value of the life insurance policies listed in No. 7 above, you withdrew from the Fund in late 1983 and a check for the amount and payments due on your account was sent to Solicitor Lins, in his and your names in February, 1983. 9. Former Township Solicitor Richard Lins provided a breakdown of the amounts each participant received from the redemption of Fund shares on February 24, 1983. a. Supervisor Harry Biddle - b. Supervisor Preston Weaver - c. Sec. /Treas. Thomas Ickes - d. Solicitor Richard Lins - $12,500.00 8,500.00 3,657.29 3,657.29 Total $28,314.58 November 28, 1984 10. Lins also provided a breakdown each participant received from the cash surrender value of life insurance policies in 1983. a. Harry Biddle - $2,292.72 (See No. 7, above) b. Preston Weaver - 1,641.18 c. Richard Lins - 341.03 d. Thomas Ickes - 299.39 11. You admitted to receiving the aformentioned amounts and that the money you received was applied to the purchase of a farm tractor. You stated you would not repay any of pension /insurance monies received. 12. No other Township employees participated in the (mutual) Fund portion of the Plan available to the supervisors, as described above, although former Township employees Harry Layton and Alvie Claycomb received whole life insurance protection through Connecticut General. Mr. Harry J. Biddle November 28, 1984 Page 12 13. As a result of the auditors letter of May 6, 1980 (see No. 3, above), the following occurred with respect to the auditors' disapproval of the Township's purchase of additional pension coverage for you and Supervisor Weaver at an annual cost of $4,400 with Columbia Insurance Company. a. You and Supervisor Weaver sent the letter described in No. 5, k, above. b. You and Supervisor Weaver repaid the Township $237.06 each; which represented the penalty for early termination of this policy imposed upon the Township. c. Neither you nor Supervisor Weaver received any benefit or gain from this policy. B. Discussion: It is clear that as a public official you must observe the requirements of Section 3(a) of the Ethics Act as set forth below: Section 3. Restricted activities. (a) No public official or public employee shall use his public office or any confidential information received through his holding public office to obtain financial gain other than compensation provided by law for himself, a member of his immediate family, or a business with which he is associated. 65 P.S. 403(a). The courts have clearly held that a pension is "deferred compensation" and that the affirmative approval of this type of compensation or benefit by the auditors is mandatory. See McCutcheon, supra. Without such auditor approval, receipt of pension benefits in McCutcheon, consisting of the cash value of life insurance policies was deemed compensation not provided by law and the State Ethics Commission ruling requiring repayment of sums so secured was upheld. Following the McCutcheon ruling this Commission issued a policy statement to be used as guidance in reviewing and judging similar cases. We can and should apply this policy statement, found in 51 Pa. Code, Chapter 7 to this situation. Our policy statement directed us to consider a number of factors in determining if a violation of Act 170 exists. For ease of reference and analysis, these factors and the factual context of this case are listed below: POLICY STATEMENT 51 PA CODE 7.13 FACTS /CIRCUMSTANCES PRESENT IN THIS PROCEEDING (1) Whether the auditors of the The auditors in 1975 approved and township have affirmatively apprcved continued to do so until 1981 (Findings the inclusion of the supervisor in No. 2, a through i) such a plan or any change in a plan. Mr. Harry J. Biddle November 28, 1984 Page 13 (2) Whether there are recorded offi- cial minutes of the auditors eviden- cing their action as described in paragraph (1). (3) Whether the approval of the auditors pre -dated the supervisor's action with respect to the plan or the Court decision in McCutcheon or came afterward. (4) Whether such approval relates to plans in existence and apply to the supervisor prior to the date of the auditor's approval or operates pros- pectively only. (5) Whether the auditors have consi- dered the question and recorded their conclusions as to whether such plans as they approved are similar to other plans in effect for employes in the locality for similar services as are performed by the supervisor. (6) Whether the supervisor to be included and to benefit from the plan took action in his official capacity as supervisor or otherwise with respect to the plan and whether that action resulted in the immediate inclusion of the supervision in the plan without his re- election inter- vening between his action on the plan and his inclusion therein. (7) Whether there are employees /offi- cials other than the supervisor within the Township and whether : The minutes of the auditors reflect approval of a pension program but do not show the auditors realized the specific provisions of the program, the cost or extent of same. The auditor's approval in 1975 came after the supervisors set up the Trust program in 1969 and continued until 1981. The approval related to the plan /trust set up by the supervisors in 1969 and makes no mention of retro- active approval or "grandfathering." There is no recordation in the auditor's minutes of any such analysis. It is clear that the supervisors, including you, took action to esta- blish, to continue, and to authorize Township payments for the Connecticut General Fund and side policies secured to fulfill the terms of the Trust set up in 1969. Mr. Harry J. Biddle Page 14 (i) The plan is one which includes the employees /officials other than the supervisor. (ii) The plan provided for the supervisor is substantially different from that in which employees /offi- cials in the Township other than the Supervisor are included. (iii) the plan is a group or indivi- dual plan or a combination of both. (8) Whether the plan operates to the benefit of the supervisors with respect to inclusion or any of the following: (i) Immediate vesting; (ii) Cash value; (iii) Conversion privileges; (iv) Insurability status; or (v) Premium dividends or distri- butions. (9) Whether the plan under which the Supervisor is included provides benefits which bear a reasonable and realistic relationship to the amount paid to the supervisor in other forms of compensation and to the services provided to the township by the Supervisor recognizing the amount, duration, nature and other terms of and benefits derived from the plan. November 28, 1984 (i) The only other official included in our understanding was Solicitor Lins; no other Towmship employees were in this Trust, Connecticut General Fund, and side policy program. (ii) Other Township employees, Layton and Claycomb did not have same coverage. See Finding No. 12. (iii) Individuals within this plan, such as yourself, could secure a cash value or return. The policies were not group ones. The plan apparently provided for a period before vesting, but allowed a cash return after a certain point. The Trust agreement was keyed to a return based upon years of service and compensation during such years of service. Mr. Harry J. Biddle Page 15 (10) Whether the supervisor or auditors took action with respect to the plan and their inlcusion therein after seeking advice of and in reliance upon the advice of others and: (1) The nature of the advice - written or oral and outcome or direction given. (ii) The relationship of the advisor to the township or to the Supervisor or auditors. (iii) The benefit or detriment to the advisor in rendering the advice. (iv) The relationship in time between the advice and action .on the plan. (v) The reasonableness of the reliance upon the advice. November 28, 1984 The records available to us do not set forth the nature of any advice the supervisors received as to the Trust set up in 1969. However, we do note this agreement bears the notation of "Richard W. Lins, Attorney at Law, Bedford, Pa." who was solicitor for the Township who was included in and benefitted from this program. See Findings No. 9 and 10. It should be noted that the auditor's approval of a pension plan from 1975 -1981 was made after a cursory review of the program the supervisors had initiated without auditor approval in 1969. It is clear that in 1981 you were advised that the supervisors were not to continue to receive pension coverage. See Finding No. 3(i) above. It could be argued that the auditors, in 1981, were powerless to disapprove or to negate this program under which you had expected to collect a pension and which had been generally approved by the auditors from 1975 -198h However, the auditors in 1981 had the same duty as the auditors in 1975 -1981, i.e., to set the "compensations for the current year" authorized in the Township Code, 53 P.S. 65515, for supervisors acting as roadmasters, superintendents, etc. See 53 P.S. 65545. The auditors, in 1981, had the duty to review and continue or to refuse to continue the payments of the Township into a pension or life insurance program for you. The approval of the auditors, up to 1981, of these payments is insufficient to justify Township payments beyond 1981 when the auditors refused to approve these benefits as part of your compensation. Thus, payments, if any, made on your behalf into this pension fund or program by the Township after the auditors refusal to approve same in 1981 and your receipt of additional cash value or benefit derived from same would not be part of "compensation" allowed to you by law. Mr. Harry J. Biddle Page 16 However, the Township, because of the auditor's disapproval as of 1981, did not continue to pay into this plan on your behalf. The Township paid no premiums and made no contributions to the Fund during this period 1981 -1983. You did not receive any incremental value under this plan from 1981 -1983 because of any Township payments after 1981. Any money you received as a result of your remaining in this plan from 1981 -1983 resulted from accrual of interest, shares, etc., and not as a result of any expenditure of Township monies or contributions. The premiums and interest attributable to this period, 1981 -1983, are not objectionable per se. You are entitled to retain this amount and the amount paid to you from this Fund, in general, under these circumstances. Accordingly, we make the following conclusion and enter this Order as set forth below. C. Conclusion: You did not violate Section 3(a) of the Ethics Act by using your public office to secure financial gain other than provided by law by seeking, approving, and securing the benefits, paid for at Township expense, from this pension fund /program. You were entitled to these funds. until 1981, and since no portion of the mount you received represents gain resulting from the use of public monies to increase the value of these policies, we will take no further action in this matter. Our files in this case will remain confidential in accordance with Section 8(a) of the Ethics Act, 65 P.S. 408(a). However this Order is final and will be made available as a public document 15 days after service (defined as mailing) unless you file documentation with the Commission which justifies reconsideration and /or challenges pertinent factual findings. See 51 Pa. Code 2.38. During this 15 -day period, no one, including the Respondent unless he waives his right to challenge this — Order, may violate this confidentiality by releasing, discussing or circulating. this Order. Any person who violates the confidentiality of a Commission proceeding is guilty of a misdemeanor and shall be fined not more than $1,000 or imprisoned for not more than one year or both, see 65 P.S. 409(e). SSC /na By the .mmission, Herb- B. Conner Ch.1rman November 28, 1984