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1974 Ordinances
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1974 Ordinances
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Last modified
7/17/2001 6:43:15 PM
Creation date
6/27/2001 4:52:20 PM
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Ord/Resolutions
Year
1974
Ord/Resolutions - Type
Ordinances
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A/q ORDINANCE TO AUTHORIZE AND APPROPRIATE $16,000. FROM T~E <br />GENERAL FU~ TO REFUI~qD TO DESIGNATED BENEFICIARIES CERTAIN <br />P~TIREMENT FUND CONTRIBUTIONS WHICH PL~ BEEN CONTRIBUTED TO <br />SAiD FUND PRIOR TO JULY i, 1967. <br /> <br /> Be it ordained by the Council of the City of Ports- <br />mouth, Virginia: <br /> <br /> 1. That it is the intent and purpose of Council to <br />refund the retirement contributions made by deceased retirees <br />prior to July i, 1967, to the designated beneficiaries there- <br />of. This refund shall extend only to those beneficiaries who <br />had been designated in writing as such by the retiree in ac- <br />cordance with the appropriate sections of the Code of the <br />City of Portsmouth pertaining to its Retirement System prior <br />to such retiree's death. <br /> <br />2. That the s~ of Sixteen Thousand and 00/100 <br />($16,000.) Dollars be, and the same hereby is appropriated <br />from the General Fund to refund to properly designated bene- <br />ficiaries the contributions made by retirees of the City of <br />Portsmouth prior to July 1, 1967. <br /> <br /> Adopted by the Council of ~e City of Portsmouth, <br />Virginia, at a meeting held February 12, 1974. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />
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