(a) A Tier A retiree or beneficiary is eligible for a health benefit supplement in addition to the amount otherwise payable under the fund. The health benefit supplement is equal to $25 a month for each full year of credited service or $125 a month, whichever is less. Payment of the health benefit supplement will be prorated for each partial year of credited service.
(b) If more than one beneficiary is receiving a pension from the account of a deceased member, inactive member, or retiree, the health benefit supplement will be divided among the beneficiaries in shares proportionate to their rights to the pension.
(c) A health benefit supplement is not includable when calculating lump sum death benefit payments.
(d) Health benefit supplements attributable to retirements and deaths that occurred before January 1, 2017 shall not be reduced by reason of Subsection (a).
(e) A Tier B retiree or beneficiary is not eligible for any health benefit supplement. (Ord. Nos. 20960; 21582; 22345; 30162)