(A) Any service retirement annuity, disability retirement annuity, or any other annuity provided herein, shall be payable in equal monthly installments as life annuities or temporary annuities, as the case may be.
(B) The first payment of any annuity shall be made for the fraction of a month elapsing until the end of the first month, and the last payment shall be made as of the end of the month in which death occurs.
(1999 Lou. Code, § 36.124) (Lou. Ord. No. 91-1973, approved 6-29-1973; Lou. Metro Am. Ord. No. 64-2004, approved 6-3-2004)