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1963 Ordinances
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1963 Ordinances
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Last modified
9/27/2007 3:43:32 PM
Creation date
6/28/2001 5:39:57 PM
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Template:
Ord/Resolutions
Year
1963
Ord/Resolutions - Type
Ordinances
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· i <br /> <br />~ (a) If the member at date of death has marc than <br /> one year of creditable service, there shall be <br /> pai'd in a lump sum, in addition to any other <br /> benefit provided for in this article, an additional <br /> benefit equal to one.thousand deilars, in accordance <br /> with section 2628?. <br /> <br /> (b) If ~he member at date of death has more <br /> years of service but has not attained his normal <br /> retirement age] and ia Survived by a widow, there <br /> shall· be paid ~o such widow during her widowhood an <br /> annual allowance, payable montbty, equal to one <br /> thousand, two h~ldred dollars a year, such allowance <br /> to be in addition to any benefits provided for in <br /> ~ction (a) above° <br /> <br /> If the member at date of death has attained his <br /> .;norm. al retirement age, there shall be paid an annual <br /> ~ allowance~ payable monthly, to the first of the <br /> foil,owing listed persons, if any ar~ alive at the <br /> · death of the me,,t - '~ ' <br /> ,. . ~/er~ Wl~e, husband~ mother~ father; <br /> such allowanc~ shall be continued during the lifetime <br /> . of such first listed person and shall be equal to.the <br /> reduced re~ir~mant allowance that would ]lave been <br />:payable had the member retired on the date of his <br /> death after having elected to have his allow,~nce <br /> payable under the joint and last s%~rv~vor option <br /> described in sub-section Ia) [2) of section 26-86 <br /> so that the same amount would be continued after his <br /> death to such [irst listed person; provided that~ if <br /> no sUCh listed person survives the member~ or if the <br /> listed person is the member's designated <br /> beneficiary and so elects$ the amoumt of the member's <br /> -accumulated contributions~ reduced by the amount of <br /> any retirement allowance previously-received by him <br /> under any of th article shall <br /> be paya~ rdance with <br /> ade~ this <br /> <br /> <br />
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