Loading...
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)
Those firefighters, the amount of whose pension is determined by Section 203 of the former Charter of the City, shall receive in addition thereto, an amount which will increase the pension each year by 2% for a consecutive ten-year period, such 2% to be computed on the original pension as follows: At the end of the first year 102%, at the end of the second year 104%, at the end of the third year 106%, at the end of the fourth year 108%, at the end of the fifth year 110%, at the end of the sixth year 112%, at the end of the seventh year 114%, at the end of the eighth year 116%, at the end of the ninth year 118%, and at the end of the tenth year 120%.
(Ord. 2134, passed 6-23-1969)
Retirees from the City Police and Fire Departments who are commonly known as “Charter retirees,” in recognition for their service to the City, shall be paid an increase equal to 7% of their annual City pensions, as the pension exists as of July 1, 1990. This increase in pension shall be retroactive to July 1, 1990. The initial payment shall be made as near the effective date of this section as practicable.
(Ord. 3147, passed 9-24-1990)
Effective August 1, 1978, as to persons who have attained age 62 and effective on the first day of the month following attainment of age 62 for all others, the appropriate City officials shall increase any pension payable pursuant to Sections 202 through 211 of the former City Charter in an amount sufficient, when added to the pension presently payable to the person will increase that person’s annual pension in the amount of $3,000.00 per annum with further increases of 2.5% per annum thereafter. The increase in the annual pension shall take effect as of September 1, 1997 and shall be payable in such manner and under such conditions as provided in Sections 202 through 211 of the former City Charter.
(Ord. 2654, passed 7-24-1978; Ord. 2973, passed 10-28-1985; Ord. 3012, passed 10-13-1986; Ord. 3270, passed 3-14-1994; Ord. 3298, passed 5-22-1995; Ord. 3357, passed 11-10-1997; Ord. 3364, passed 2-23-1998; Ord. 3587, passed 6-24-2004)
(a) The appropriate City officials shall make available Blue Cross/Blue Shield or like benefit to all eligible surviving spouses of Charter pension retirees of the City not currently receiving the benefits and who submitted their request by December 31, 1984; or whose spouse has been deceased after that date, and until such time as they are covered by another plan or remarried, and who, individually, request the coverage.
(b) Commencing at age 65, the coverage provided shall be Blue Cross-65 Supplementary.
(Ord. 2917, passed 8-13-1984; Ord. 2942, passed 2-11-1985)
Loading...