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§ 3-6-10 ALBUQUERQUE ANNUITY OFFSET.
   If a contributing member retires from city service, pursuant to the provisions of this article, before he has paid into the employees savings fund of the state system an amount necessary to qualify for a state pension, the Committee may authorize that there be paid, from retirement plan funds, to the state system such amount as the state retirement board shall certify as necessary to qualify the said member for a state annuity. The Committee may authorize payment to the state system, if the employee had been a member of the state system the entire time of the city employment, provided that the annuity reserve fund has a surplus in accordance with a report of the city's actuary.
('74 Code, § 2-5-10) (Ord. 964; Am. Ord. 6-1988)