§ 2-83. Death benefits.  


Latest version.
  • (a)

    In the event of the death of a member prior to the time of eligibility for early or normal retirement, the member's designated beneficiary shall be paid from the fund an amount equal to the member's accumulated contributions. In the event of the death of a member who has completed five (5) or more years of credited service, the member designated beneficiaries shall be entitled to the benefits otherwise payable at early or normal retirement.

    (b)

    In the event of the death of a retiree, death benefits, if any, shall be paid in accordance with the optional form of benefit chosen at the time of retirement.

(Ord. No. 00O-3-15, § 2, 5-8-00; Ord. No. 00O-12-85, § 1, 12-18-00; Ord. No. 02O-06-129, § 4, 6-24-02; Ord. No. 04O-11-230, § 5, 12-13-04)