My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
6925
Public Access
>
City Council Ordinances
>
2013
>
6925
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/7/2022 5:19:29 PM
Creation date
8/27/2015 10:21:53 AM
Metadata
Fields
Template:
City Ordinances
Passed
9/9/2013
Ordinance Number
6925
Bill Number
9194
Introdate
8/12/2013
Description
Change in uniform pension plan
Introduced By
Councilmember Crow
Year
2015
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
41
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
of this section. In the event the board of trustees purchases such a <br /> policy, the terms and conditions of the policy shall supersede the <br /> provisions of this section (except subsections B.1, B.5 and B.6 of <br /> this section or as otherwise required under the Internal Revenue <br /> Code)to the extent inconsistent herewith. <br /> 5. After an active member becomes eligible for retirement or <br /> terminates service entitled only to a deferred retirement benefit <br /> under Section 2.62.470.A, subsection B of this section 2.62.430 <br /> shall be inapplicable, and death benefits, if any, shall be <br /> determined solely under the applicable provisions of Section <br /> 2.62.405. <br /> C. There shall be paid upon the death of any employee eligible for retirement <br /> under Section 2.62.400 or Section 2.62.410 but who has not yet retired, <br /> the following: <br /> 1. To the employee's surviving spouse, provided such employee shall <br /> have been married to such surviving spouse for three years or more <br /> prior to the employee's death, a monthly benefit of fifty percent <br /> (50%) of the monthly benefit the employee would have received if <br /> retired until the death or remarriage of such surviving spouse; <br /> 2. To the lawful guardian of such employee's surviving minor <br /> unmarried child or children under the age of eighteen (18) years, <br /> provided such child or children shall have been born within ten <br /> months after the employee's retirement or the employee's death in <br /> service, a monthly benefit of ten percent of the monthly base salary <br /> as previously described for such child or children until such child <br /> or children attain the age of eighteen (18) years or marry;provided, <br /> the combined monthly payments to such surviving spouse and <br /> children shall in no case exceed sixty percent(60%) of the monthly <br /> ft <br /> base salary, and in which event the thirty-five percent (35%) <br /> maximum benefit for the eligible children shall be prorated <br /> between them; provided, further, that if there is no surviving <br /> spouse entitled to benefits in any month, the surviving spouse's <br /> benefit will be divided equally among the then eligible children, <br /> but no child shall be entitled to more than fifty percent (50%) of <br /> the surviving spouse's benefit. <br /> D. There shall be paid upon the death of any employee retired under <br /> subsection 2.62.400 or Section 2.62.410, the following: <br /> 1. To the employee's surviving spouse, provided such employee shall <br /> have been married to such surviving spouse for three years or more <br /> Restated Police Pension Plan—City of University City Page 15 <br /> f5 <br />
The URL can be used to link to this page
Your browser does not support the video tag.