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1971 Ordinances
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1971 Ordinances
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Last modified
7/17/2001 6:44:52 PM
Creation date
6/28/2001 4:49:54 PM
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Ord/Resolutions
Year
1971
Ord/Resolutions - Type
Ordinances
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AN ORDINANCE TO AMEND THE CODE OF THE CITY OF PORTS- <br />MOUTH, VIRGINIA, 1961, BY AMENDING SECTIONS 26-23 AND <br />26-31 THEREOF AND BY ADDING THERETO NEW SECTIONS <br />NUMBERED 26-23.1, 2~-24.1 AND 26-69.1, PERTAINING TO <br />SERVICE RETIREMENT AND CREDITABLE SERVICE IN THE <br />PGRTSMOUTH SUPPLEMENTAL RETIREMENT SYSTEM AND THE <br />PORTSMOUTH FiRE AND POLICE RETIREMENT SYSTEM. <br /> <br /> Be it ordained by the Council of the City <br />of Portsmouth, Virginia: <br /> <br />1. That the Code of the City of Portsmouth, Vir- <br />ginia, 1961, be amended by amending sections 26-23 <br />and 26-31 thereof end by adding thereto new sections <br />numbered 26-23.1, 26-24.1 and 26-69.1, such amended <br />and new sections to read as follows: <br /> <br />Sec. 26-23. Effect of cessation of member- <br /> ship. <br /> <br /> When membership ceases, an employee shall <br />thereafter lose all right to any retirement allowance <br />or benefits under %his article arising from service <br />prior to the date of such cessation of membership, ex- <br />cept as hereinafter provided. <br /> <br />Sec. 26-23.1. Inclusion of former service as <br /> creditable service. <br /> <br /> Any person who was formerly a member of the <br />system and who ceased to be a member by reason of with- <br />drawing his contributions upon becoming a member of <br />Virginia Supplemental Retirement System may be restored <br />to membership in the system and have his previous time <br />as a member counted as creditable service provided [1) <br />he has remained in continuous servzce with the city and <br />a combined city-state office and (2) he-repays to the <br />system the amount of contributions he previously with- <br />drew. <br /> <br />Sec. 26-24.1. <br /> <br />Inclusion of service under the <br />Virginia Supplemental Retirement <br />System as creditable service. <br /> <br /> Any person who was formerly a member of the Vir- <br />ginia Supplemental Retirement System shall be granted <br />creditable service for the period of Time he wes a member <br />of such system provided he pays ln~o ~ne system ~he a~ount <br />of contributions he withdrew from the state system when he <br /> <br /> <br />
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