§ 2-1266. Pension benefits for certain members on retirement after 20 years of service.

(a)

Monthly benefit. Any member in service prior to July 1, 1953, may, at the member's election, retire after 20 years of creditable service. Upon such retirement, the member shall receive a monthly pension of $50.00 so long as the member may live, and upon the member's death, the member's spouse, if any, shall receive a pension of $25.00 per month until the spouse's death or remarriage; provided, however, that, if there be no spouse surviving such member, and if such member leaves surviving the member any child or children under the age of 16 years at the time of the member's decease, such child or children shall receive monthly pensions of $6.00 each until they die or attain the age of 16 years.

(b)

Funeral benefits. A funeral benefit of $200.00 shall be payable to the spouse of the member or to the undertaker furnishing such service, at the election of the board of trustees.

(Ord. No. 991491, § 1, 11-23-99; Ord. No. 140976 , § 2, 12-11-14)