(A) The right of a person to a retirement allowance, pension, annuity, to the return of accumulated contributions, the retirement allowance, pension or annuity itself, any optional benefit, any other right accrued or accruing to any person under this subchapter shall not be subject to execution, garnishment, attachment, the operation of bankruptcy or insolvency law or any other process of law whatsoever, and shall be unassignable, except as is specifically provided in this subchapter.
(B) (1) If a member is covered by a group insurance or prepayment plan participated in by the city, and should he or she be permitted to, and elected to, continue such coverage as a retirement allowance the payments required of him or her to continue coverage under such group insurance or prepayment plan.
(2) The city shall have the right of set-off for any claim arising from embezzlement by or fraud of a member, retirant or beneficiary.
(Prior Code, § 2-246) (Ord. 368, passed 9-25-1967)