Section 50-1525 – MANDATORY ACTUARIAL STUDY.
50-1525. MANDATORY ACTUARIAL STUDY. Any city establishing and maintaining a policeman’s retirement fund pursuant to the provisions of this chapter shall, at its own expense, conduct an actuarial study for the purpose of determining the actuarial soundness of such fund. Commencing January 1, 1991, actuarial studies required hereunder shall be conducted within four (4) years […]
Section 50-1510 – PERSONAL LIABILITY OF BOARD MEMBERS OR THEIR EMPLOYEES.
50-1510. PERSONAL LIABILITY OF BOARD MEMBERS OR THEIR EMPLOYEES. The board of police retirement fund commissioners shall not, nor shall any person employed by any commissioners, be personally liable in his private capacity for or on account of any act performed or entered into in an official capacity in good faith and without intent to […]
Section 50-1526 – MAKING A FALSE CLAIM — MISDEMEANOR.
50-1526. MAKING A FALSE CLAIM — MISDEMEANOR. Any person making a false claim for allowance of benefits or payment of money under the provisions of this chapter, knowing the same to be false, shall be guilty of a misdemeanor, and shall be punished pursuant to the provisions of section 18-113, Idaho Code. History: [50-1526, added […]
Section 50-1511 – AUDIT OF CLAIMS.
50-1511. AUDIT OF CLAIMS. All claims against said fund shall be examined, audited and allowed in the manner now provided or hereafter provided for by law for claims against any city. History: [50-1511, added 1967, ch. 429, sec. 263, p. 1249.]
Section 50-1512 – TAX LEVY — SALARY DEDUCTIONS.
50-1512. TAX LEVY — SALARY DEDUCTIONS. Any city having established a policeman’s retirement fund may levy a tax of not to exceed eight hundredths per cent (.08%) of market value for assessment purposes of property within the corporate limits of the city, except where pursuant to section 50-1525, Idaho Code, it is found that the […]
Section 50-1513 – CHAIRMAN OF BOARD — SECRETARIES — REPORTS.
50-1513. CHAIRMAN OF BOARD — SECRETARIES — REPORTS. The mayor of the city shall be ex-officio chairman of the board of police retirement fund commissioners and the members of the board shall elect the other necessary officers. The secretary of the board shall make a semiannual report to the city council as to the condition […]
Section 50-1514 – RETIREMENT OF POLICEMEN — RETIREMENT BENEFITS — LEAVE OF ABSENCE.
50-1514. RETIREMENT OF POLICEMEN — RETIREMENT BENEFITS — LEAVE OF ABSENCE. (a) Whenever any person shall have been duly appointed, selected and sworn in as a member in any capacity or rank whatsoever of a regularly constituted police department of the city which may hereafter be subject to the provisions of this chapter, and shall […]
Section 50-1515 – RESIGNATION OF POLICEMEN — REFUND OF DEDUCTIONS.
50-1515. RESIGNATION OF POLICEMEN — REFUND OF DEDUCTIONS. A policeman who has been employed by a regularly constituted police department for a period of less than five (5) continuous years shall, upon termination of such employment, and upon application to the board of police retirement fund commissioners, be refunded one fourth (1/4) of the moneys […]
Section 50-1501 – PURPOSE STATED.
50-1501. PURPOSE STATED. Retirement, with continuance of pay for themselves, provision for dependents and pay during temporary disability, and the encouragement of long tenure in police service of paid policemen becoming aged or disabled in the service of the state or any of its cities, is hereby declared to be a public purpose of joint […]
Section 50-1502 – DEFINITIONS.
50-1502. DEFINITIONS. The following are definitions of terms used in sections 50-1501 through 50-1524, Idaho Code: (a) "Paid policeman" means any individual who is on the payroll of any city in the state of Idaho and who devotes his or her principal time of employment to the care, operation or maintenance of a regularly constituted […]