Except as otherwise provided herein, the provisions set forth in this Plan are applicable only to employees in the employ of the city, on or after June 1, 2003. Former employees whose benefits were paid prior to June 1, 2003, or who had terminated employment prior to that date, and beneficiaries of the former employees, shall be entitled to the benefits, if any, to which they were entitled under the Plan as it existed immediately prior to June 1, 2003. However, former employees with unpaid vested benefits as of June 1, 2003 will have their benefits paid in accordance with the Plan as in effect upon distribution, except as required to maintain the qualified status of the Plan under Code section 401(a).
('72 Code, § 1-1003) (Am. Ord. 1695, passed 9-23-99; Am. Ord. 8144, passed 7-24-03)