In addition to the sum provided for the Police Pension Fund Association, and for the further support and increase of the Association, all regular salaried police officers of the City, namely the Director/Chief of Police, the Sergeants of Police, the Captain of Detectives, the Detectives, the Lieutenants of Police and all patrolmen and other officers attached to the Department of Police, shall pay to the Treasurer of the Association, on or before the second day of each month, three percent of the regular monthly salary received by such officers from the City for the preceding month. In addition, the officers shall also pay to the Treasurer, on or before the second day of each month, an additional one percent of the regular monthly salary received by such officers from the City for widows and/or dependents as required by Sections 288.05, 288.07 and 288.09.
With the approval of Council, a member who is making contributions and who served in the Armed Forces of the United States after September 1, 1940, and who was not a member of the Police Pension Fund prior to such military service, shall be entitled to have full credit for each year or fraction thereof, not to exceed five years of service, upon his or her payment to the Pension Fund of an amount equal to that which he or she would have paid had he or she been a member during the period for which he or she desires credit, and upon his or her payment to the Pension Fund of an additional amount as the equivalent of the contribution of the employer on account of such military service.
(Ord. 3818. Passed 4-8-69; Ord. 5355. Passed 6-14-23.)