(A) Should any member cease to be employed by the city as a police officer or firefighter before attainment of the voluntary retirement age such member shall be paid the accumulated contributions standing to the member’s credit in the Member’s Deposit Fund upon the member’s demand in writing on forms furnished by the Board of Trustees.
(B) Should any member die and no pension becomes payable by the retirement system on account of the death, except as provided in § 16.20, the accumulated contributions standing to the member’s credit in the Member’s Deposit Fund at the time of death shall be paid to such person or persons as the member shall have nominated by written designation duly executed and filed with the Board of Trustees. If there be no such person or persons surviving such deceased member the said accumulated contributions shall be paid to the member’s estate.
(C) If any member dies intestate, without heirs and without having nominated a beneficiary, the member’s accumulated contributions standing to the member’s credit in the Member’s Deposit Fund at the time of his or her death may be used to pay his or her burial expenses, not to exceed a reasonable sum to be determined by the Board of Trustees, provided the member leaves no other estate sufficient for such purposes.
(D) Payments of refunds of accumulated contributions, as provided in this section, may be made in installments according to such rules and regulations as the Board of Trustees may from time to time adopt.
(Prior Code, § 16.23) (Ord. D-678, passed 1-18-1965, effective 2-1-1965; Ord. D-1592, passed 6-19-1989, effective 6-29-1989; Ord. D-1737, passed 3-20-1995, effective 3-30-1995)