Section 86.1500 – Military service, effect on creditable service — election to purchase creditable service, when — service credit for military service, when.
Effective – 28 Aug 2015, 5 histories 86.1500. Military service, effect on creditable service — election to purchase creditable service, when — service credit for military service, when. — 1. Whenever a member is given a leave of absence for military service and returns to employment after discharge from the service, such member shall be […]
Section 86.1510 – Members entitled to prior creditable service, when.
Effective – 28 Aug 2011, 2 histories 86.1510. Members entitled to prior creditable service, when. — Members who terminate membership with three years or more of creditable service and later return to membership may be given credit toward retirement for prior creditable service, subject to the condition that such member deposit in the pension fund […]
Section 86.1420 – Benefits and administrative expenses to be paid by system funds — commencement of base pension, when — death of member, effect of.
Effective – 28 Aug 2013, 3 histories 86.1420. Benefits and administrative expenses to be paid by system funds — commencement of base pension, when — death of member, effect of. — 1. All benefits and all necessary administrative expenses of the retirement system shall be paid from the funds of the retirement system. 2. The […]
Section 86.1310 – Definitions.
Effective – 28 Aug 2013, 3 histories 86.1310. Definitions. — The following words and phrases as used in sections 86.1310 to 86.1640 shall have the following meanings unless a different meaning is plainly required by the context: (1) “Accumulated contributions”, the sum of all amounts deducted from the compensation of a member and paid to […]
Section 86.1320 – System established — continuation of system after population increase, when — name of system.
Effective – 28 Aug 2005 86.1320. System established — continuation of system after population increase, when — name of system. — In all cities that now have or may hereafter attain a population of more than three hundred thousand and less than seven hundred thousand inhabitants according to the last preceding federal decennial census, there […]
Section 86.1330 – Retirement board established, members, duties — funds received, duties — oath of board members required.
Effective – 28 Aug 2005 86.1330. Retirement board established, members, duties — funds received, duties — oath of board members required. — 1. There shall be a retirement board whose members shall serve without compensation but shall be reimbursed from the pension fund for any necessary expenses which they may incur for service on the […]
Section 86.1350 – Voting by board, votes necessary to pass a motion.
Effective – 28 Aug 2005 86.1350. Voting by board, votes necessary to pass a motion. — Each member of the retirement board shall be entitled to one vote in the decisions of the board. Five votes or more in favor shall be necessary to pass a motion by the retirement board at any meeting of […]
Section 86.1360 – Administration of assets and transaction of business, board to set policies — rulemaking authority — officers to be elected, employment of staff.
Effective – 28 Aug 2005 86.1360. Administration of assets and transaction of business, board to set policies — rulemaking authority — officers to be elected, employment of staff. — 1. Subject to the limitations of sections 86.1310 to 86.1640, the retirement board shall, from time to time, establish policies for the administration of its assets, […]
Section 86.1370 – Data to be maintained by board — annual statement required — actuarial study and calculation required — medical board to be appointed — seal to be adopted.
Effective – 28 Aug 2005 86.1370. Data to be maintained by board — annual statement required — actuarial study and calculation required — medical board to be appointed — seal to be adopted. — 1. The retirement board shall keep in convenient form such data as is necessary for administration of the retirement system. The […]
Section 86.1380 – Certification by the board to the city for amount to be paid to the retirement system.
Effective – 28 Aug 2013, 2 histories 86.1380. Certification by the board to the city for amount to be paid to the retirement system. — The retirement board shall before October fifteenth of each year certify to the chief financial officer of such city the amount to be paid by the city to the retirement […]