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O78-06ORDINANCE NO. 78- ~ AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING ARTICLE V, SECTION 21-87, PROVIDING FOR~UR~VOR~-B~NEFITS UNDER MUNICIPAL POLICE OFFICER'S RETIREMENT FUND, AND PROVIDING FURTHER FOR AUTHORITY TO CODIFY, SAVINGS CLAUSE, REPEALING PROVISION, AN EFFECTIVE DATE AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: Section 1: That Article V, Section 21-87 of the Codified Ordinances of the City of Boynton Beach, Florida, is hereby amended by adding thereto the following subsection: "[g) If any Member with at least ten (10) years of continuous service shall die prior to retirement or other termination of employment with the City, a death benefit shall be payable to the deceased Member's spouse. The benefit shall equal 2%% of average final compensation for each year of continuous service. It shall be payable in equal monthly .installments commencing the first day of the month following the date of death and ceasing upon the death or remarriage of the spouse." Section 2: Authority to Codify: Specific authority is hereby granted to codify and incorporate this ordinance in the City's existing Code. Section 3: Separability: Each of the provisions of this ordinance is separable, including word, clause, phrase or sentence, and if any portion thereof shall be declared invalid, the remaining portion shall not be affected but shall remain in full force and effect. Section 4: Repealing Provision: Ail ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 5: An Effective Date: This ordinance shall become effective in the manner and at the time provided by law. First reading this ~5-!rday of February, A.D., 1978. Second, final reading and passage this ~ day of March, A.D., 1978. CITY OF BOYNTON BEACH, FLORIDA ayor / ~-- Coun'ci lmembe r '~C~un.ci lmember ATTEST: (Corp. Seal) -2-