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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 2.62.080 RELATING TO IMPLEMENTATION OF AN EARLY <br />RETIREMENT PROGRAM FOR CERTAIN EMPLOYEES. <br /> <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI <br />AS FOLLOWS: <br /> <br /> Section 1. Chapter 2.62 of the University City Municipal Code, relating to the police <br />and firefighter's retirement system, is hereby amended as follows: <br /> <br />1. Section 2.62.080 is amended by adding a new subsection (D) at the end thereof, so that <br />said new subsection shall read as follows: <br /> <br />D. During the period beginning July 1, 2003 and ending September 15, 2003, upon <br />application of an employee who has attained the age of forty-eight (48) and has at least twenty- <br />four and one-half (24½) years of service, the employee shall be retired. Any such employee shall <br />be treated as an employee retired under subsection (C). For purposes of Section 2.62.150(B), any <br />such employee shall be considered to have completed twenty~five (25) years of service and <br />twenty-five (25) years of membership in the uniformed fund or, if greater, the number of years of <br />service and years of membership actually completed by such employee. This subsection (D) <br />shall cease to be effective after September 15, 2003. <br /> <br /> .Section 2. This ordinance shall take effect and be in force from and after its passage <br />as provided by law. <br /> PASSED O~ dayof ~ : ,2003. <br /> <br />City Clerk <br /> <br />CERTIF!~ED TO BE CORRECT AS TO FORM: <br /> <br />City Rtiomey <br /> <br />1627206.01 <br /> <br /> <br />