Section 7-323h. – Municipal liability for maintaining benefits.
Each municipality participating in the Policemen and Firemen Survivors' Benefit Fund established by this part shall be liable to the fund for the cost of maintaining for its employees the benefits herein, including all contributions collected from employees. The liability of a municipality under this part shall be enforceable by the Retirement Commission against such […]
Section 7-323i. – Administration of fund.
The administration of said fund, except as the same relates to the custody and investment of the fund, shall be entrusted to the Retirement Commission, which may employ actuarial, clerical and other assistance necessary for the purpose and which may make reasonable regulations for carrying out the provisions of this part including designation of the […]
Section 7-323a. – Definitions.
As used in this part: “Municipality” and “legislative body” shall each have the same meaning ascribed to it in section 7-425; “participating municipality” means any municipality which votes to accept the provisions of this part; “fund” means the Policemen and Firemen Survivors' Benefit Fund established by this part; “Retirement Commission” means the State Retirement Commission […]
Section 7-323b. – Acceptance of part.
Any municipality may, by ordinance, accept the provisions of this part, as to its policemen or firemen, or both, but such acceptance shall not repeal, amend or replace, or affect the continuance of, any pension system established in such municipality by or under the authority of any special act or charter provision and all such […]
Section 7-323c. – Benefit fund established.
There is established a fund which shall be known as the Policemen and Firemen Survivors' Benefit Fund. The fund shall consist of contributions received from the following sources: (a) Each full-time paid policeman and fireman covered by a municipality's acceptance of this part who does not enjoy survivors' benefits provided by special act or charter […]
Section 7-323d. – Actuarial studies of fund experience.
The Retirement Commission shall make a complete actuarial study of the experience of the fund at intervals of not more than five years and shall thereupon readjust the contributions to be made by municipalities. (1963, P.A. 390, S. 4.)
Section 7-323e. – Benefits.
(a) When any full-time paid police officer or firefighter who was covered by the provisions of this part dies, either before or after retirement, the surviving spouse of such police officer or firefighter shall, until the death or remarriage of such spouse, receive out of the fund a monthly sum equal to thirty per cent […]
Section 7-323f. – Insurance policies to provide benefits authorized.
(a) All contributions received by the Retirement Commission in accordance with this part shall be paid over daily to the State Treasurer, who shall be the custodian of the fund with power to invest and reinvest as much of said fund as is not required for current disbursement in accordance with the provisions of part […]
Section 7-323g. – Withdrawal of acceptance.
A municipality may withdraw its acceptance of the provisions of this part, for either its policemen or firemen or both, by the same procedure as provided in section 7-323b for acceptance of this part, provided, if survivors' benefits are, at the time of withdrawal, being paid or due to be paid to survivors of policemen […]