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AN ORDINANCE TO AMEND THE CODE OF THE CITY OF PORTSMOUTH, <br />VIRGINIA, 1988, BY AMENDING SECTIONS 30-117(g) AND 30-237(b) <br />THEREOF, PERTAINING TO RETIREMENT. <br /> <br /> BE IT ORDAINED by the Council of the City of Portsmouth, <br />Virginia: <br /> <br /> 1. That Section 30-117(g) of the Code of the City of <br />Portsmouth, Virginia, 1988, be amended and reordained to read <br />as follows: <br /> <br />Section 30-117. Service retirement allowance. <br /> <br /> (g) In addition to the allowance payable under <br />subsections (a) through (d), a member retiring on or after <br />July 1, 1992 but before July 1, 1993 shall receive an <br />additional allowance equal to monthly payments of one hundred <br />dollars ($100.00) from date of retirement until his <br />sixty-second birthday. A member retiring on or after July 1, <br />1993 shall receive an allowance equal to monthly payments of <br />uwo hundred dollars ($200.00) from date of retirement until <br />his sixty-second birthday. This subsection shall not apply to <br />Sections 30-119, 30-121, 30-122, 30-124, 30-125, and 30-127 o~ <br />this code. <br /> <br /> 2. That Section 30-237(b) of the Code of the City of <br />Portsmouth, Virginia, 1988, be amended and reordained to read <br />as follows: <br /> <br />Section 30-237. Service retirement allowance. <br /> <br /> (b) In addition to the allowance payable under <br />subsection (a) of this Section, a member retiring on or after <br />July 1, 1992 but before July 1, 1993 shall receive an <br />additional allowance equal to monthly payments of one hundred <br />dollars ($100.00) from date of retirement until his <br />sixty-second birthday. A member retiring on or after July 1, <br />1993 shall receive an allowance equal to monthly payments of <br />two hundred dollars ($200.00) from date of retirement until <br />his sixty-second birthday. This subsection shall not apply to <br />Sections 30-239, 30-241, 30-243, 30-244, 30-245, and 30-246 of <br />this code. <br /> <br /> 3. That this crdinance shall take effect on July 1, <br />1993. <br /> <br /> Adopted by the Council of the City of Portsmouth, <br />Virginia, at a meeting held May 25, 1993. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />