§ 35.086  PENSION BENEFITS FOR TEACHER PARTICIPANTS.
   The pension for an eligible teacher participant who has retired from service under the retirement system shall be any annuity for life, in an amount determined as 0.6% of the teacher participant’s annual base pay received during the three years immediately preceding normal retirement date plus severance pay, divided by three for each completed year of service.
(Ord. passed 1-24-2011)