For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
AVERAGE MONTHLY EARNINGS. One-twelfth of the arithmetic average of annual earnings for the highest consecutive five years of the ten full years immediately preceding the actual retirement or termination date of a member; provided, that if a member shall have been employed for fewer than five years, such average shall be taken only over the period of his actual employment.
BENEFICIARY. The person or persons entitled to receive any benefits hereunder at the death of a member who has or have been designated in writing by the member, and filed with the Board of Trustees. If no such designation is in effect at the time of death of the member, or if no person so designated is living at that time, the beneficiary shall be the member's estate.
BOARD. The Board of Trustees established for purposes of supervising, administering and managing the prior system and which is herewith empowered and authorized to perform the same functions for this supplemental system.
CITY COMMISSION. The City Commission of the city.
CONTINUANCE SERVICE. For the period subsequent to September 30, 1976, uninterrupted service by a member (years and completed months) whose customary employment is permanent and on an annual basis. However, the continuous service of a member shall not be deemed to have been interrupted by:
(1) Any authorized leave of absence or vacation, provided that all members similarly situated in similar circumstances shall be treated alike pursuant to uniform, nondiscriminatory rules.
(2) Any service, voluntary or involuntary, in the armed forces of the United States, provided the member is legally entitled to re-employment under federal law and that said member returns to employment within the period prescribed by law.
(3) And, provided further, no credit for vesting, participation or benefit computation purpose under the plan shall be allowed during or for any period wherein a member has been on an authorized leave of absence or vacation or in the armed forces of the United States in excess of three months.
EARNINGS. Basic compensation paid by the city to a member excluding overtime, bonuses and other nonregular payments.
FUND. The Employees' Retirement Fund originally established as part of the prior system and which shall be continued as part of and for purposes of both the prior and supplemental retirement systems.
GENERAL EMPLOYEE. Any person directly employed by the City of Hollywood on or after October 1, 1976, whose services are compensated in whole or in part by the city and who is employed on a permanent basis, except a police officer or firefighter.
MEMBER. Shall have the same meaning herein as such term is defined in the prior system, except that henceforth all persons employed as general employees on or after October 1, 1976, shall only be eligible to become members of the supplemental system.
PRIOR SYSTEM. The City Retirement System for employees other than police officers and firefighters, as it existed on September 30, 1976, and amendments thereto.
SUPPLEMENTAL SYSTEM. The City General Employees Supplemental Retirement System, as contained herein, and all amendments thereto.
('72 Code, § 24-67) (Ord. O-76-92, passed 12-1-76)