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2022-059 - Approving and Agreement Regarding Freeze of Fire Pension Fund & Authorizing the Mayor to Execute Same
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2022-059 - Approving and Agreement Regarding Freeze of Fire Pension Fund & Authorizing the Mayor to Execute Same
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8/10/2022 1:20:25 PM
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8/10/2022 1:20:23 PM
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CITY CLERK
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twenty (20) years of Service before the Effective Date. In determining a Firefighter's <br /> Early Retirement Date, both age and Service shall be calculated in completed months. <br /> 1.10 "Plan Year" shall mean the twelve month period ending December 31st of each year. <br /> 1.11 "Service," for purposes of determining Early Retirement Date and the Frozen Benefit, <br /> is credited by the Fund for each month for which a Firefighter makes contributions to <br /> the Plan. Service shall be computed in completed months. No additional Service wili <br /> be credited on or after the Effective Date. <br /> 1.12 "Spouse" shall mean the lawful wife or husband of a Firefighter. <br /> 1.13 "Termination of Service" or to "Terminate Service credited by the Fund", shali require <br /> a Firefighter to terminate employment from the City Fire Department and from any <br /> position of employment with the City in an emergency, medical or fire department- <br /> related capacity. The Board of Trustees shall have the sole power and discretion to <br /> determine whether any position of employment with the City is in an emergency, <br /> medical or fire department-related capacity. The Board of Trustees shall have the sole <br /> power and discretion to determine if a Firefighter has Terminated Service and shall <br /> determine all questions arising in connection with the interpretation of whether a <br /> Firefighter has Terminated Service. <br /> 2 <br />
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