No portion of the funds of Police Pension and Retirement System shall, either before or after any order made by the Board of Trustees for payment to any person entitled to a pension, or allowance, be held, seized, taken, subject to or detained, or levied on by virtue of any garnishment, attachment, execution, injunction or other order or decree, or any process or proceeding whatever, which have issued out of or by any court of this state, for the payment or satisfaction in whole, or in part, of any debt, damages, claim, demand or judgment against any person entitled to payment, nor shall the payments or any claims thereunto be directly or indirectly assigned and any attempt to transfer or assign the same shall be void.
(`90 Code, § 1-50)