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(a) Any member may retire upon written application filed with the board setting forth at what time, not less than 30 days nor more than 90 days subsequent to the execution and filing thereof, the member desires to be retired, provided that the member has satisfied the applicable age and service requirements set forth as follows:
(1) If a general or general management member, upon attainment of age 60 years with five or more years of credited service or attainment of age 55 years with 30 or more years of credited service; or
(2) If a police officer member, upon attainment of age 60 years with 15 or more years of credited service; or upon attainment of age 50 years with 25 or more years of credited service.
(c) A member shall be 100 percent vested in his or her service retirement benefit upon attaining normal retirement age as defined in paragraph (a) of this Ordinance § 39.227.
(1957 Rev. Ords., § 2.515; 1992 Code, § 35-23) (Ord. 2491, passed 8-7-1967; Ord. 2791, passed 12-6-1971; Ord. 124-81, passed 12-28-1981; Ord. 64-86, passed 6-30-1986; Ord. 110-89, passed 10-16-1989; Ord. 118-16, passed 12-20-2016)