Ordinance 3023 - Laserfiche WebLink

• 1 Each member shall be deemed to consent and e Free to the contribution and expense deduction made and provided for herein, and payment less said contributions a nd expense deductions shall be a full and complete discharge of all claims and demands whatso- ever for the service rendered by such person during the period covered by such payment , except his claim to the benefits to which he may be entitled under the provisions of. this Ordinance . (c ) At the end of each payroll period, the Board shall determine the aggregate amounts of the normal contributions for such period, and shall certify such aggregate to the City Clerk, who shall thereupon transfer to the Retirement Fund, hereinafter provided for, from the money appropriated for that purpose in the budget for the then fiscal year , an amount equal to the aggregate normal contributions for the period , received from the members. Section 6. ALLOWAYCE FOR SERVICE. (a ) Subject to the following and all other provisions of this ordinance , including; such rules and regulations as the Board shall adopt in pursuance thereof, the Board, subject to the approval of the City Council , shall determine the retirement allowance of any and every retiring member. Time during which a member is absent on leave without pay shall not be allowed in c omauting service ; provided, however, that any member shall be given credit for any period served by him or her in the National Guard , United States Army, Navy, :_arine Corps or Coast Guard (including the women's division of any such service ) upon the call of the President, if at the time of such service such member was a regular employe under leave of absence. Certificate of honorable discharge from and/or docu- mentary evidence of such service shall be submitted to the Board in order to obtain credit for such service. Each member shell file with the Board such information affecting his status as a member of the Retirement System as the Board may require. (b) The Board shall grant credit for prior service to each member entering the Retirement System on Tanuary 1, 1945, and to each member entering after that date , if such entry is within Two (2) years after rendering city service prior to January 1, 1945; provided , however, that the Board may grant credit for prior service to those entering the Retirement System after Tanuary 1, 1945, where the employe , because of sickness or other disability, has been on leave of absence , regularly granted, since discontinu- ance of city service, regardless of the length of such leave . No prior service credit shall be used as a basis for retirement or other benefit unless the membership continues until retirement on a retirement allowance or until the granting of such other benefit. Section 7 . ADMINISTRATION OF SYSTEM: The administration of the Retirement System is hereby vested in the Board of .:.drainistration created in Section 9 of this ordinance. The Board shall exercise the powers and duties conferred upon it oy said section, and in addition thereto: -5-