§ 24-12-120. City attorneys in cities of the first class and cities of the second class
(a) Upon approval by the governing body, a city of the first class or city of the second class may provide for retirement benefits established by this section for a city attorney elected or appointed to office. (b) In all cities of the first class and cities of the second class in this state, any […]
§ 24-12-121. City clerk — Clerk-treasurer
(a) (1) A city clerk or clerk-treasurer in a city of the first class may retire from office for the remainder of his or her life at the retirement pay provided in this section if the person has served as city clerk, clerk-treasurer, or city treasurer for: (A) Not less than ten (10) years, upon […]
§ 24-12-122. Deputy city clerks
(a) Any deputy city clerk in a city of the first class who shall have served twenty (20) years as deputy city clerk, who shall have attained the age of sixty-five (65), and who shall retire from office or be succeeded by another deputy city clerk may receive for the remainder of his or her […]
§ 24-12-123. Mayors of cities of the first class
(a) (1) (A) In all cities of the first class in this state, any person who shall serve as mayor of the city for a period of not less than ten (10) years, upon reaching age sixty (60), or any person who shall serve as mayor of the city for a period of not less […]
§ 24-12-124. Mayors of cities of the second class
(a) (1) A person who has served as mayor of a city of the second class for at least twenty (20) years may retire at any age, and a person who has served as a mayor of a city of the second class for at least sixteen (16) years may retire upon reaching sixty-five (65) […]
§ 24-12-108. Deposit of moneys
The board shall deposit all moneys in the bank selected as the fiscal agent of the city in which it is located, but only if the moneys draw the same rate of interest as the city receives on its deposits. Otherwise, the board shall make its own selection of the bank.
§ 24-12-109. Investment
(a) The board of trustees of the pension and relief fund for paid nonuniformed employees shall have the power to draw sums from its treasury to invest in the name of the board of trustees of the pension and relief fund for paid nonuniformed employees in interest-bearing bonds of the United States, of the State […]
§ 24-12-110. Payments
(a) Except as provided in subsection (c) of this section, all moneys paid from the pension and relief fund for paid nonuniformed employees shall be paid by the treasurer only upon warrants signed by the chair and countersigned by the secretary thereof. (b) Except as provided in subsection (c) of this section, no warrant shall […]
§ 24-12-111. Moneys added to fund — Refunds
(a) There shall be added to the fund pension and relief fund for paid nonuniformed employees the following moneys: (1) All moneys given or donated to the fund; and (2) Not less than six percent (6%) of the monthly salary of each employee, to be deducted each month by the city or its proper agency […]
§ 24-12-112. Proration upon insufficiency of fund
If at any time there should not be sufficient money in the pension and relief fund for paid nonuniformed employees to pay each person a full amount to which he or she may be entitled, the beneficiaries shall be paid by prorating the fund available among them in accordance with the respective benefits being received […]