§ 1-407.   Retirement or Pension Benefits.
   The pension or retirement benefits shall be payable during the balance of the participant’s life following actual retirement, and after fulfillment of the age and service requirements set forth above. The monthly benefit shall be set at one-half of the average monthly salary of the participant during the last 36 months of employment.
(Ord. 89-2, 4/17/1989, § 7)