§ 28-4. Same—Amendment No. Three.

Latest version.

Effective with benefit payments on and after October 1, 1985, the monthly pension payable to a retired member who retired prior to October 1, 1984, shall be increased by ten (10) percent of the amount of his monthly pension, save and except the following retirees and beneficiaries:
(a)

Retirees who began receiving pension payments subsequent to October 1, 1984.

(b)

Beneficiaries of previous members who have received the appropriate allowable benefits subsequent to October 1, 1984.

(c)

Beneficiaries who as of October 1, 1985, are receiving one hundred dollars ($100.00) per month minimum benefit under section 16-47(c) of the prior plan.

(Ord. No. 85-68, § 1, 9-26-85)

                    
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