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95-847 Police Officers' & Firefighters' Pension Plan Enactment
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95-847 Police Officers' & Firefighters' Pension Plan Enactment
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6/21/2010 3:32:00 PM
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City Clerk
City Clerk - Doc Type
Ordinances
City Clerk - Date
11/13/1995
Doc Number
95-847
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her Average Final Compensation multiplied by his or her years of <br />Credited Service, but not less than 25$ of Average Final Compen- <br />sation. In the event of a service incurred disability, the <br />benefit shall be determined as for non-service related disabili- <br />ties, but not less than 42$ of Average Final Compensation. <br />E. Payment of Benefits. The monthly retirement <br />income to which a Member is entitled in the event of his or her <br />disability retirement will be payable on the first day of each <br />month. The first payments will be made on the first day of the <br />month following the date the Board determines such entitlement. <br />However, the monthly retirement income shall be payable as of the <br />date the Board determines such entitlement, and any portion due <br />for a partial month shall be paid together with the first pay- <br />ment. The last payment will be on the earlier of the following: <br />(a) The first day of the month preceding the <br />later of the 120th monthly payment or the Member's date of death, <br />or <br />(b) the first day of the month preceding the <br />Member's recovery as determined by the Board. <br />G. Recovery. If the Board finds that a Member <br />who is receiving a disability retirement income is no longer <br />disabled, as provided herein, the Board shall direct that the <br />disability retirement income be discontinued. Recovery from <br />disability as used herein shall mean the ability of the Member to <br />render useful and efficient service as a Police Officer or Fire- <br />fighter. If the Member recovers from disability, the period of <br />time during which the Member was receiving disability income from <br />8 <br />
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