(a) Effective April 26, 1999, employees of the City as described in subsection (b) hereof, may purchase additional service credit, tax-deferred, and the City shall withhold the required service credit deduction from the gross pay of each person who elects to do so and shall pick up (assume and pay) such deduction to the Police and Firemen's Disability and Pension Fund (PFDPF). A person electing this pick- up deduction shall not have the option of choosing to receive the payroll deduction directly instead of having such deduction picked up by the City. Members who have elected to participate in this plan cannot increase, decrease or terminate the amount of the pick-up deduction.
(b) The pick-up deduction by the City, as provided in this section, shall apply to all persons making the election within the following classes: employees of the City who are contributing members of the Police and Firemen's Disability and Pension Fund.
(c) The Finance officer is hereby authorized and directed to implement the provisions of this section to effect the pick-up of the payroll deduction for the purchase of additional service credit to the Police and Firemen's Disability and Pension Fund for those persons within the classes set forth in subsection (b) hereof.
(Res. 27-99. Passed 4-26-99.)