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1994 Ordinances
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1994 Ordinances
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2/6/2009 3:40:25 PM
Creation date
6/12/2001 5:17:47 PM
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Ord/Resolutions
Year
1994
Ord/Resolutions - Type
Ordinances
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AN ORDINANCE TO A~END CHAPTER 30 OF THE CODE OF THE CITY OF <br />PORTSMOUTH, VIRGINIA (1988), BY A~ENDING SECTIONS 30-116[c) <br />30-236(c) T~EREOF, PERTAINING TO RETIREMENT SYSTEMS. <br /> <br /> BE IT ORDAINED by the Council of the City of Portsmouth~ <br />Virginia: <br /> <br /> 1. That Sections <br />the City of Portsmouth, <br />follows: <br /> <br />30-116[c) and 30-236[c) of the Code of <br />Virginia (1988), be amended uo read as <br /> <br />Sec. 30-116. Service retirement. <br /> <br /> (c) Any member who nerminates service as an employee <br />prior to retirement and who complies with one (1) of the <br />requirements sen forth in subsections (1), (2), (3), (4) or (5) <br />below, and who has attained the age of sixty (60), may retire <br />at any time then or thereafter under the provision of <br />subsection (a) of this section. If such member shall have <br />terminated service prior to July 1, 1994, he shall receive a <br />retirement allowance calculated on the basis of the benefits in <br />effect on the date of his termination of service. <br /> <br />(1) The member terminated prior to July 1, 1973, <br />but after the attainment of age fifty (50) and <br />the completion of twenty (20) years of creditable <br />service; or <br /> <br />(2) The member terminated after June 30, 1973, <br />and after the completion of ten (10) years of <br />creditable service; or <br /> <br />(3) Membership began before July 1, 1977 and the <br />member terminated after June 30, 1974 and after <br />the completion of five (5) years of creditable <br />service; or <br /> <br />(4) Membership began after June 30, 1977, and <br />termination occurred after the completion of ten <br />(10) years of creditable service. <br /> <br />(5) Membership began after June 30, 1991, and <br />termination occurred after the completion of five <br />(5) years of creditable service. <br /> <br />Provided, however, that no such member shall be entitled to the <br />benefits of this subsection (c) if his supervisor certifies <br />that his service was terminated because of dishonesty, <br />malfeasance, or misfeasance in office. Such certification may <br />be appealed to the board, and its decision shall be final. <br /> <br /> <br />
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