(A) The city shall not be liable for payment of contributions to the trust or of any expenses of the trust of any amounts other than those required of it by the trust. Neither the city nor any participant or trustee shall be liable for any debts, liabilities or obligations of the trust except as set forth in the trust. Neither the city nor any participant shall have any right to return of any money properly paid into the trust, except as otherwise specifically provided in this chapter, or to money improperly paid which has already been distributed. Any contribution improperly paid into the trust by the city or on behalf of a participant shall be returned by the trustees upon the request of the city or the participant or upon discovery by the trustees that such monies have been improperly paid into the trust, unless those monies have already been distributed.
(B) No part of the trust or any benefits payable by the trustees shall be subject to alienation, sale, transfer, assignment, pledge or encumbrance charge by any person. No participant shall be entitled to receive any part of the contributions made by the city or required to be made by the trust, in lieu of such benefits provided under the plan as determined by the trustees in accordance with the plan and trust.
(Ord. 08-03, passed 9-4-2008)