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Actuarial equivalent means a benefit of equal value when computed upon the basis of such actuarial tables as are adopted by the board. Such benefits shall not be subiect to employer discretion. The actuarial tables adopted by the board for this purpose are incornorated into this article as part of the system's plan document. System means the Portsmouth Fire and Police Retirement System provided for in this article. The provisions of this article are intended to meet the requirements of Section 401(al of the Internal Revenue Code (as such section maybe amended or renumbered ~r any cu~~PCCnr provision theretol and the regulations thererunder applicable to governmental plans 14. Section 30-159 of the Code of the City of Portsmouth, Virginia (2006) is amended as follows. Sec. 30-159. -Cash deposits to meet disbursements. For the purpose of meeting disbursements for retirement allowances and other payments, there maybe kept available cash, ^ + -'' + + --~+~-- +~+~~ + • +,_ _+ F on deposit in one or more banks or trust companies that are designated by the council as depositories for funds of the city. The board shall not be liable for any loss sustained as to such funds that are on deposit in such banks or trust companies. 15. Section 30-161 of the Code of the City. of Portsmouth, Virginia (2006) is amended by adding a new subsection (f) as follows. The remainder of Section 30-161 is not hereby amended. Sec. 30-161. -Alteration, amendment or repeal provisions of article. Lfl Upon the termination or partial termination of the system each member shall become fully vested. as of the termination date or partial termination date in his service retirement allowance to the extent funded regardless of length of service or amount of creditable service. 16. Section 30-178 of the Code of the City of Portsmouth, Virginia (2006) is amended and as follows. Sec. 30-178. -Employment of actuary; necessaryexpenditures. A-9