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1994 Ordinances
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1994 Ordinances
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Ord/Resolutions
Year
1994
Ord/Resolutions - Type
Ordinances
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Sec. 30-236(¢). Service retirement. <br /> <br /> (c) Any member who ~erminates service as an employee <br />prior to retlremen5 and who complies with one (1) of the <br />requirements set forth in subsections (1), (2), (3) ~ (4) or (5) <br />below, and who has annained the age of sixty (60), may retire <br />at any time then or thereafter under the provisions of <br />paragraph ~a) of this section If such member shall have <br />terminated service prior no July 1, 1994, he shall receive a <br />retirement allowance calculated on the basis of the benefits in <br />effect on the dane of his termination of service. <br /> <br />(1) The member nerminated prior to July 1, <br />1973, but after the attainment of age fifty (50) <br />and the completion of twenty (20) years of <br />creditable service; or <br /> <br />(2) The member terminated after June 30, <br />1973, and after the completion of men (10) <br />of creditable service; or <br /> <br />years <br /> <br />(3) Membership began before July 1, 1977, and <br />the member terminated after June 30, 1975, and <br />after the completion of five (5) years of <br />creditable service; or <br /> <br />(4) Membership began after June 30, 1977, and <br />termination occurred after nhe completion of ten <br />(10) years of creditable service; or <br /> <br />(5) Membership began after June 30, 1991, <br />termination occurred after the completion of <br />five (5) years of creditable service. <br /> <br />and <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 /> 2. That this ordinance shall take effect on the date of <br />its adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held on October 11, 1994. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />
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