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7002
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Last modified
11/2/2015 11:08:29 AM
Creation date
11/2/2015 11:08:28 AM
Metadata
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Template:
City Ordinances
Passed
10/26/2015
Ordinance Number
7002
Bill Number
9276
Introdate
10/12/2015
Description
Amend Uniform Retirement benefit for participants receiving disability benefit
Introduced By
Councilmember Sharpe
Year
2015
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EXHIBIT A. POLICE AND FIREFIGHTERS' RETIREMENT SYSTEM <br /> SECTION 130.160: EARLY SERVICE RETIREMENT <br /> Upon application of an employee who has attained the age of fifty (50) and has at least twenty <br /> (20) years of service, the employee shall be retired and shall be eligible for either of the benefits <br /> prescribed by this chapter for such person. Notwithstanding the foregoing, an employee who is <br /> receiving a disability retirement benefit pursuant to Section 130.170 shall not be eligible to <br /> receive an early service retirement benefit pursuant to this section. <br /> SECTION 130.170: DISABILITY RETIREMENT <br /> An employee who becomes disabled due to injury or illness on or after May 1, 2001, regardless <br /> of length of service, shall be eligible for a disability benefit up to sixty-seven percent (67%) of <br /> his or her compensation. Notwithstanding any other provisions of this chapter, such disability <br /> benefit shall be provided under, and in accordance with the terms, conditions, requirements, <br /> limitations, rules and procedures (including, but not limited to, the criteria for determining <br /> disability, rules and procedures regarding medical examinations, the commencement and <br /> duration of payments, offsets for other benefits or payments and application procedures), of an <br /> insurance contract purchased by the board of trustees. Premiums for such insurance contract shall <br /> be paid from the fund. The disability benefit under this section shall be in addition to any benefit <br /> to which an employee is entitled upon retirement or after leaving the service pursuant to Section <br /> 130.130. <br />
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