Effective January 1, 1971, an Officers' and Employees' Retirement System shall be established for all officers and employees of the City employed by the City on or after that date. However, the service of an officer or employee who terminated or who was terminated prior to January 1, 1971, and who subsequently became re-employed, re-elected or re-appointed after that date, shall be computed from the date of re-employment, re-election or re-appointment.
Additionally, no pension benefits or payments, other than the refund of contributions to the Officers' and Employees' Retirement Fund, shall be paid to any officer or employee who retires or for any reason, voluntarily or involuntarily, leaves the employment of the City prior to May 1, 1974.
However, any officer or employee who was employed on January 1, 1971, and who terminated or who was terminated after that date but before May 1, 1974, and who subsequently became re-employed, re-elected or re-appointed, shall receive credit for actual service from January 1, 1971, provided that he or she repays any member contribution which he or she may have withdrawn.
(Ord. 4206. Passed 11-26-80.)