O74-05ATTEST:
,.,
Se~tien 3: Authority to Codify: Specific authority is hereby granted
to codify and incorporate this Ordinance in the City's existing Code.
..S. ecti~ 4: Sep.arability: Each of the provisions of this Ordinance are
separable, including word, clause, phrase or sentence, and if any: portion
thereof sh~lt be declared invalid, the remaining pertion shall not be affected
but shall remain in full force and effect.
,Section 5: Rep.ealin,q Provisions: Ail Ordinances-or parts of Ordinances
in conflict, herewith are hereby repealed.
First reading this ~ day of~~,D., ,97,.
Second. final reading and passage]~'~this o---~ d~ay of ~j ,
A.D., 1974.
CITY OF BOY,ON BEACH, FLORIDA
Vi ce Mayor
Counc~
Counci Iman
-~C i ty Clerk Counci'lman
-2-
ORDINANCE NO. 7~-~
ANORDINANCE OF THE CIT~ OF BOYNTON BEACH, FLORIDA. AMEND-
lng SECTIONS 2t-25 AND 21-53 OF CHAPTER 210FTHE CODifIED
ORDINANCES OF SAID CITY PERTAINING TO THEM tINICtPAL F-~PLOY-
EES' PENSION PLAN, PROVIDING FOR THE VESTING DF PENSION
CJREDiT IN .THE EVENT OF TOTAL AND PE~4ANENT DISABILITY; PRO-
VIDING FOR AUTHORITY TO CODIFY, SAYINGS CLAUSE, REPEALING
PROVISIONS ANDFOROTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CiTY OF BOYNTON BEACH, FLORIDA:
Secti.on l: That Section 21-25 of Chapter 21 of the Codified Ordinances
of the City of Boy,ton Beach, Florida, is hereby amended by adding an additional
paragraph entitled, "Total and permanent disability", which additional para-
graph] shall read as follows:
"Section 21~25. Total and permanent disabi
Total ar~ permanent disability shall include any disablement
caused by si:ckness or accident which prevents the member from
working at any job for wage or profit and which will continue for
the remainder of the member's life. The determination of whether
or not a member is totally and permanently disabled shall be made
by the Board of Trustees."
.Section 2: That Section 21-53 of Chapter 21 of the Codified Ordinances
of the City of Boynton. Beach, Florida, is hereby emended to read as follows:
"Section 21-53. Termination of service prior to eligibility for
retirement.
In the case of voluntary resignation or discharge of any
member of the-Plan, the total amount contributed by said employee
to said fund ~p to the time of his resignation or discharge shall
be returned; together with interest thereon at the rate of 3% per
annum, computed as in Section 21-51 above to date of resignation
or discharge, and said employee shall immediately cease to be a.
member of, and entitled to, the benefits of said fund unless the
member has completed ten years o~ credited service under the Plan
or is tot~ ly and'permane~tly disabled.. If he. has completed ten
years of credited service of is totally and permanently disabled
he shall be fully vested in the amount of pension credit earned
to the date of voluntar~ resignation or discharge. Upon reach-
ing age sixty-five (65) he may apply for, and shall be paid, a
monthly annuity equal to the monthly pension credit earned during
his years:of employment.
Notwithstanding the provisions of the preceding paragraph, an
employee who has completed ten years of service or is totally and
permanently disabled may apply for and shall receive the total
amount he has contributed to the pension fund up to the time of
his resignation or discharge and said employee shall immediately
cease to be a member of, and entitled to, benefits under the Plan.
In the event of resignation or discharge of any member as
described in this section, any contributions theretofore ma~e by
the city relating to such member, with accruals thereon, which
have not vested in accordance with the provisions of this section,
shall be used to reduce contributions to be made ~ereafter by
the city, and shall not be used to increase the benefits of any
member,"