Section 86.1490 – Creditable service, determination of — inclusions and exclusions.
Effective – 28 Aug 2011, 3 histories 86.1490. Creditable service, determination of — inclusions and exclusions. — 1. The retirement board shall fix and determine by proper rules and regulations how much service in any year is equivalent to one year of service. In no case shall more than one year of service be creditable […]
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 86.1360 – 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 […]
Section 86.1390 – Contributions to retirement system by cities, amount.
Effective – 28 Aug 2005 86.1390. Contributions to retirement system by cities, amount. — The cities specified in sections 86.1310 to 86.1640 shall contribute to the retirement pension system such an amount as may be necessary to pay the pensions as they accrue from year to year, and such additional amounts as may be necessary […]
Section 86.1400 – Employee contributions to be deducted from compensation — payment by board of police commissioners.
Effective – 28 Aug 2005 86.1400. Employee contributions to be deducted from compensation — payment by board of police commissioners. — The board of police commissioners shall cause to be deducted from the compensation of each member until retirement a percentage of such member’s compensation, which shall not be less than five percent, as determined […]
Section 86.1410 – Board to be trustee of funds — powers and duties.
Effective – 28 Aug 2005 86.1410. Board to be trustee of funds — powers and duties. — 1. The retirement board shall act as trustee of the funds created by or collected under the provisions of sections 86.1310 to 86.1640. With appropriate safeguards against loss by the retirement system, the board may designate one or […]
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 […]