288.07 CALCULATION OF PENSIONS.
   Pensions which shall be paid to all pensioned or retired police officers or other officers referred to in this chapter shall be one-half of the monthly salary that the officer or employee received from the City at the time he or she was placed on the pension list. The basic salary shall be based on the increment provided and mandated by Act 373 (P.L. 1006), as amended, as directed and ordered by the Decree of the Court of Common Pleas on July 8, 1968, by Judge H. Clifton McWilliams. Payments for allowances shall not be a charge on any fund in the Treasury of the City or under its control, save the Police Pension Fund herein provided for. The basis of the apportionment of the pension, except as to service increments provided for in this chapter, shall not, in any case, exceed, in any year, one-half of the annual salary of such member computed at such monthly rate. However, if a police officer or other officer referred to in this chapter has retired before the effective date of this section (Ordinance 4462, passed June 8, 1988) and receives a pension of less than four hundred dollars ($400.00) per month, then such retired police officer or other officer shall receive a pension of four hundred dollars ($400.00) per month. The pension payable to widows or dependent children as set forth in Section 288.05 shall be calculated at the rate of 100 percent of the pension the police officer was receiving or would have been receiving had he or she been retired at the time of his or her death.
(Ord. 4462. Passed 6-8-88.)