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1973 Ordinances
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1973 Ordinances
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Last modified
8/27/2001 12:53:32 PM
Creation date
6/27/2001 4:58:16 PM
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Ord/Resolutions
Year
1973
Ord/Resolutions - Type
Ordinances
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Section 26-81. Service connected disability retirement allowance. <br /> <br /> (a) Upon retirement as provided in section 26-80, a <br />member shall receive an annual retirement allowance~ payable month- <br />ly to him during his lifetime and continued disability~ in an amount <br />equal to the tarter of: (i) ?wo-thirds of the me~er's average <br />f~nat compensation; or (ii) Tke allowance to which the member would <br />be entitled under ~he provisions of section 26-79 if his disability <br />were not compensable under the Virginia Workmen~s Compensation Act. <br /> <br /> (b) The foregoing provisions to the contrary notwith- <br />standing, if a member's retirement allowance is payable under one <br />of the options of section 26-86~ the amount and duration thereof <br />shai1 be determined in accordance with the provisions of the ap- <br />piicaDte option~ <br /> <br /> (c) The compensation finally awarded to the member <br />under the Virginia Workmen~s Compensation Act shall be deducted <br />from any allowance becoming payable under the provisions of this <br />section, and the excess of the at!owance~ if any~ shall be paid <br />to the member. ~'~%en the time for payments of compensation under <br />such act has elapsed, the member shall thereafter receive the full <br />~.ount of such allowance payable monthly d~mring his lifetime and <br />continued disability. <br /> <br />Section 26-82. Refund of accm~u!ated contributions. <br /> <br /> (a) Upon the retirement of a member or upon his termi- <br />nation of service as an emptoyee~ other than by death, he shall be <br />paid, on demand, but not later than ninety days thereafter, the <br />amount of his accumulated contributions, if any, in a ltu?~o sum; <br />provided that if the amount of such accmmulated contributions is <br />less than ten doilars, no such payment shall be made. <br /> <br /> (b) Should a member die at any time while in servlce: <br />the amount of his accumulated contributions shall be paid in a <br />l~mp sum in accordance with section 26-87~ provided that if the <br />amount of such accumulated contributions is less than ten dollars, <br />no such payment shall be made. <br /> <br />Section 26-82.1o Additional allowance. <br /> <br /> Any person receiving a retirement allowance under section <br />26-77, 26-79~ 26-81, 26-83(c) or 26-86 shall receive an additional <br />allowance to reflect any adjustments in the United States Average <br />Cons~mmer Price index for ail items~ as published by ~he Bureau of <br />Labor Statistics of the United States Department of Labor~ that may <br /> <br /> <br />
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