The city elects to become a participant in the 1977 Firefighters’ Pension and Disability Fund as established by Pub. L. No. 9 (Special Session 1977), and all acts amendatory and supplemental thereto. The city agrees to make the required contributions under Pub. L. No. 9 (Special Session 1977) and all acts amendatory thereof and supplemental thereto, to the 1977 Firefighters’ Pension and Disability Fund in an amount determined by the Board of Trustees of the Public Employees’ Retirement Fund (PERF). Full-time firefighters (excluding volunteers) are declared to be covered by the Fund. Any full-paid firefighter hired after 5-1-1977 shall be a member of the 1977 Firefighters’ Pension and Disability Fund. Each full-paid firefighter shall contribute 6% of the first-class firefighter’s salary. This section establishes a retirement fund for the positions declared above and supersedes any other provision for a retirement system for those positions. The active participating membership of the city shall begin on 1-1-1978.
(1985 Code, § 9-6-4) (Res. passed 3-14-1978; Ord. 18-1978, passed 12-26-1978; Ord. 13-1984, passed - -; Ord. 1998-7, passed 11-12-1998)