Any periodic benefits payable under workers' compensation shall reduce dollar-for-dollar the benefits payable under this Pension Fund. Expressly exempt from this section are service retirement benefits and survivor and dependent benefits of a service retiree. In the event of a lump sum payment of workers' compensation benefits, the procedure for payment of pension benefits shall be in an equitable manner as determined by the Board. In the event that the amount of workers' compensation benefits exceed the amount of benefits payable under this Pension Fund, no benefits shall be payable from this Pension Fund. In the event that the amount of workers' compensation benefits are increased or decreased or in the event the benefits are discontinued either because the statutory period has been exhausted or because the member or his or her survivor or dependent ceases to qualify for the benefits, the Board shall recalculate the benefits to which the member or his or her survivor or dependent are entitled. Such recalculation shall be based on the amount of benefits that would have originally been payable had no workers' compensation been payable, adjusted to reflect the workers' compensation offset, if any is applicable at the time of recalculation, and the status of the member or his or her survivor or dependent at the time of recalculation. Any excess benefits paid from the Fund to a member shall be repaid by the member to the Fund.
(1999 Lou. Code, § 36.116) (Lou. Ord. No. 102-1977, approved 10-5-1977; Lou. Am. Ord. No. 210-1979, approved 12-28-1979; Lou. Am. Ord. No. 169-1985, approved 7-12-1985; Lou. Metro Am. Ord. No. 64-2004, approved 6-3-2004)