5-6.5 Appropriation of Fund Monies.

   Amounts appropriated to the fund in accordance with this Section, and interest and other income thereon, may be applied in any fiscal year, upon appropriation, to offset amounts certified by the Board of the system under the Pension Act, or any successor provision of law, as necessary to be paid for such fiscal year to the funds of the system; provided that no such appropriation from the fund or any account therein shall exceed the amount, certified by the Collector-Treasurer upon the advice of the City Auditor, of the pension liability for which the amount to be so appropriated was reserved.

(Ord. 1984 c. 1; CBC 1985 5-6.5)

5-6.6 Fund Not to Vest, and the Like.

   This Section is not intended to, and shall not, create rights or entitlements of any kind in the establishment or funding of the fund, in amounts appropriated thereto or held therein in accordance with this Section, or in the disbursement or disposition of any such amounts, in favor of any member of the system or any other employee of the city. If the limitation on this Section stated in this Section shall be ineffective as a result of any existing or future provision of law or any final judicial or administrative determination, this Section shall be void and all amounts theretofor appropriated to and then held in the fund in accordance with this Section, and all interest and other income thereon, shall be transferred without further appropriation to the General Fund of the city.

(Ord. 1984 c. 1; CBC 1985 5-6.6)

5-6.7 Construction.

   This Section shall be liberally construed to further the purposes of the Funding Act and shall be deemed and construed to be supplemental and additional to, and not in derogation of, all powers conferred on the city by law.

(Ord. 1984 c. 1; CBC 1985 5-6.7)