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At the end of each fiscal year the board of the Firefighters' Pension Fund shall allow and credit regular interest on the balance standing to each member's credit in the accumulated contributions account at the beginning of each quarter.
(1957 Rev. Ords., § 2.1135; 1992 Code, § 35-115) (Ord. 2758, passed 6-8-1971; Ord. 118-16, passed 12-20-2016)
The right of a person to a pension, to the return of accumulated contributions, the pension itself, any optional benefit, any other right accrued or accruing under the provisions of this subchapter to any member, retirant or beneficiary and all monies belonging to the pension fund shall be unassignable and shall not be subject to execution, garnishment, attachment, the operation of bankruptcy or insolvency law, or any other process of law whatsoever except as is specifically provided in this subchapter.
(1957 Rev. Ords., § 2.1136; 1992 Code, § 35-116; Ord. 118-16, passed 12-20-2016)
Should any change or error in the records result in any member, retirant or beneficiary receiving from the Firefighters' Pension Fund more or less than he or she would have been entitled to receive had the records been correct, the board shall correct the error and as far as is practicable shall adjust the payment of the benefit in a manner that the actuarial equivalent of the benefit to which the member, retirant or beneficiary was correctly entitled shall be paid.
(1957 Rev. Ords., § 2.1137; 1992 Code, § 35-117; Ord. 118-16, passed 12-20-2016)
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