Any former plan police officer or firefighter who, within the provisions of Section 201-A of the former City Charter, shall elect not to be covered by the pension plan provided in Sections 202 and 211 of the former Charter and to become a member of this retirement system shall be given service credit for all service rendered the City prior to July 1, 1947. He or she shall also, as of the date of his or her election, be credited with a contribution to the employee savings fund of this retirement system in an amount equal to the aggregate amount of his or her contributions to either the police service pension fund of the fire service pension fund provided in Section 207 of the former Charter. The employee savings fund credit shall in all respects, from the date of the credit, inure to the benefit of the employee as though created by original payroll deduction under the terms of this retirement system; except, that upon death or separation from service, the employee or his or her survivors or legal representative shall not be entitled to reimbursement therefor out of funds of this retirement system as would otherwise be the case under the provisions of § 35-35, unless the transfer of funds above provided for has been completed. Any such former plan police officer or firefighter so electing to become a member of this retirement system shall at that time irrevocably authorize and direct the Director of Finance to pay into this retirement system as of one day prior to the date the electing employee shall become a member of the retirement system any sum which under the terms of Section 202 and 211 of the former Charter would otherwise be payable as a contribution refund to the employee or his or her representative. The payment so made shall be considered only as reimbursement to the retirement system for the employee savings fund credit above set forth.
(Ord. 1860, passed 8-16-1965)