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BILL NO. ORDINANCE NO. <br />AN ORDINANCE AMENDING CHAPTER 2.62 OF THE UNIVERSITY CITY MUNICIPAL <br />CODE, RELATING TO THE POLICE AND FIREFIGHTER’S RETIREMENT SYSTEM, BY <br />AMENDING SECTIONS 2.62.150 RELATING TO BENEFIT INCREASES WITH RESPECT TO <br />CERTAIN RETIREES. <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI AS <br />FOLLOWS: <br />Section 1. Chapter 2.62 of the University City Municipal Code, relating to the police and <br />firefighter’s retirement system, is hereby amended as follows: <br />1. Effective September 1, 2004, Section 2.62.020(A) is amended to read as follows: <br />A. As used in this chapter: <br /> “Base salary” means the greater of: <br /> 1. The highest monthly salary according to the salary range, as contained in Section 1, <br />Schedule B of the payroll ordinances then in use for a police officer and firefighter or <br />paramedic firefighter, plus any salary increase because of twenty (20) years of service. If the <br />amounts for such police officer and firefighter or paramedic firefighter (whichever is the <br />highest salary of the fire group) are not the same, the mean of the two amounts shall be used as <br />the base salary herein; or <br /> 2. One-sixtieth (1/60) of the aggregate compensation paid to an employee during such <br />employee’s last five years of service; provided, however, that this subsection (2) shall not <br />apply for purposes of determining funeral benefits under Section 2.62.150(C). <br /> “Board of trustees” or “board” means and refers to the board of trustees of the police and <br />firemen’s retirement fund established pursuant to Chapter 2.50. <br /> “Compensation” means the wage or salary paid an employee for any period excluding expense <br />allowances, but including employee contributions to the police and firemen’s retirement fund <br />treated as employer contributions under Section 2.62.050. <br /> “Service” means the time employed in either the police department or the fire department, or a <br />combination of the two; and such employee has contributed to this uniformed pension plan <br />during such time. <br /> “Widow” means the spouse of a member at the date of his or her retirement or at the date of his <br />or her death if he or she dies before retirement. <br /> <br />