§ 10.457. Normal retirement; requirements, procedure.  


Latest version.
  • Sec. 17.10.17.

    (a)

    Subject to paragraph (b) of this subsection a member, except an elected official of the city, shall be separated from city employment the end of the calendar month in which he attains age 65 years. Upon his separation from city employment he shall receive a pension provided in subsection 17.10.18 [10.458] if he has 10 or more years of credited service.

    (b)

    A member who has attained or attains age 65 years may continue in city employment, for periods not to extend beyond his attainment of age 70 years, upon his written request filed with the city manager.

    (c)

    After June 30, 1966, any member who continues in city employment, as provided in paragraph (b) of this subsection, (1) shall not be given credit for service rendered by him after the end of the calendar month in which he attains age 65 years and (2) shall continue to make contributions provided in subsection 17.10.27 [10.467] so long as he continues in city employment, any provision in this section to the contrary notwithstanding. He shall have his pension determined and computed in the same manner in all respects as if he had retired at the end of the calendar month in which he attained age 65 years, provided at that time he had 10 or more years of credited service. His said pension shall begin upon termination of his city employment.

    (d)

    Except as provided in subsection 17.10.25(b) [10.465], if a retirant is re-employed by the city (1) he shall not be given credit for service rendered during the period of his reemployment, (2) payment of his pension shall be suspended during the period of his re-employment, and (3) payment of his pension shall be resumed without change upon termination of such re-employment. During the period of his re-employment by the city he shall make contributions, provided in subsection 17.10.27(b), any provision in this section to the contrary notwithstanding.

(char. eff. Jan. 15, 1951; amend. eff. July 1, 1954)