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Any amounts which may be paid or payable under the provisions of any workers’ compensation orsimilar law to a member retirant, beneficiary or to dependents of any member, retirant or beneficiary, on account of a disability or death of a member or retirant, shall be offset against and payable in lieu of any pension payable as provided in this subchapter. If any member, retirant, beneficiary or the dependents of any member, retirant or beneficiary become entitled to a pension, payable from the pension fund, as the result of an accident or injury caused by the act of a third party, the city shall be subrogated to the rights of the member, retirant, beneficiary and the dependents of the member, retirant or beneficiary against the third party to the extent of benefits which the city or the pension fund pays or becomes liable to pay on account of the accident or injury.
(1957 Rev. Ords., § 2.1122; 1992 Code, § 35-102)