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6925
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Last modified
2/7/2022 5:19:29 PM
Creation date
8/27/2015 10:21:53 AM
Metadata
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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
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t <br /> credited to the member for such accrual computation period. A 1 <br /> member who is permanently and totally disabled within the <br /> meaning of Code §415(c)(3)(C)(i) for an accrual computation <br /> period will receive a year of participation with respect to that <br /> period. In addition, for a member to receive a year of participation [ <br /> (or part thereof) for an accrual computation period, the plan must [ <br /> be established no later that the last day of such computation period. <br /> In no event will more than one year of participation be credited for d <br /> any 12-month period. <br /> i <br /> E. Effective for limitation years beginning on or after July 1, 2007, the <br /> provisions of Code §415 and the Treasury Regulations issued thereunder <br /> as applicable to governmental retirement plans are incorporated by <br /> reference. <br /> 2.62.500 Application for Benefits <br /> x <br /> A. Applications for benefits to be paid under Section 2.62.405 shall be made i. <br /> upon forms provided by the board of trustees, and shall contain full <br /> information, from which the board may determine the eligibility of the <br /> applicant. If an application for retirement is approved, no further <br /> compensation for services shall thereafter be paid by the city to such <br /> employee except for such part-time service, not exceeding one thousand <br /> one hundred (1,100) hours per year, to the city but in no event for services <br /> as a regular uniformed officer of the city policy or fire department. <br /> B. Applications for distributions under Section 2.62.407 shall be made in t <br /> accordance with rules and procedures established, and upon forms (or i <br /> such other medium) provided, by the board of trustees or, if authorized by i <br /> the board,the manager of the investment funds. <br /> 2.62.510 Reserved <br /> f' <br /> t <br /> 2.62.515 Reserved <br /> i <br /> 2.62.520 Required Minimum Distributions—Time and Manner of Distribution <br /> A. Required Beginning Date: The member's entire interest will be <br /> distributed, or begin to be distributed, to the member no later than the <br /> member's required beginning date. <br /> B. Death of Member Before Distributions Begin: If the member dies before <br /> distributions begin, his or her entire interest will be distributed, or begin to <br /> be distributed, no later than as follows: <br /> 1 <br /> 1. If the member's surviving spouse is the member's sole designated <br /> beneficiary, then subject to section 2.62.520.B.5 distributions to <br /> Restated Police Pension Plan—City of University City Page 30 <br /> I <br /> i <br />
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