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AN ORDINANCE TO AMEND THE CODE OF THE CITY OF PORTSMOUTH, VIR- GINIA, 1973, BY AMENDING SECTIONS 3i-69 AND 3!-154 THEREOF PERTAINING TO THE REFUND OF ACCUMUI~TED CONTRIBUTIONS IN THE RETIREMENT SYSTEM. BE IT ORDAINED by the Council of the City of Ports- mouth, Virgmnla: 1. That the Code of the City of Portsmouth~ Vir- ginia~ 1973, be amended by amending Sections 31-69 and 31-154 thereof, such amended sections to read as follows: Section 31-69. Refund of acc~mu!ated contributions. (a) Upon the retirement of a me~er or upon his termination of service as an employee, other than by d ea~h~ he shall be paid~ on demand, but not later than ninety (90) days thereafter, the amount of his accumulated contribu- tions~ i~ any, in a tu~p sum~ provided that i~ the amount of such accumulated contributions is less th~n ten dollars ($i0..00)~ no such p ymen~ shall be made. (b) Should a member die at any time while zn servlce~ the amount of his accumulated contributions shall be paid in a lump sum in aceordanqe with section 31-75~ provided ~na~ ~ ~he amoun~ o~ such accumulated con~r!butmons i~ ~ess than ten dollars $10~00), no such payment shall be made. (c) Notwithstanding provisions of subsections (a) and (b) of this section, the Retirement Board may elect to refund all such accumulated contributions at any time if it finds that such action is in the best interests of the retire- ~ent system. Section 31-154. Refund ofaccumu!ated c~ntribu~ions. ~ (a) Upon the retirement of a~ ~mber or termination of service as an employee, other than by death, he shall be paid, on demand, but not later -than ninety (90) days thereafter, the amgunt of his accumulated contributions~ if any, zna lump sum; provided that if the amount of such accumu- lated contributions is less than ten dollars ($10.00), no such pak~ent shall be made. (b) Should a me~er die at any time while in service, the amount of his accumulated contributions shall be paid in a lump sum mn accordance with section 31-160; provided that if the amount of such accumulated contributions is less than ~en dollars ($i0.00), no such payment shall be made.