As used in this part, unless the context otherwise requires: “Department” means the fire department or police department of any municipality that pays wages to its employees for services rendered; “Employee” means any person who, on the adoption of this part, is a paid employee in the fire department or police department of any municipality […]
Notwithstanding any law to the contrary, the governing body of any municipality may by ordinance adopt this part to establish and to authorize the payment of the minimum retirement allowance provided in § 6-54-803. The adoption of this part shall not authorize a decrease in the retirement allowance presently being paid to any retired employee. […]
The minimum retirement allowance for an employee, during the remainder of such employee’s life, shall be computed as follows: The retirement allowance of such employee who retires upon reaching the minimum age of fifty (50) years or older after a total of not less than twenty-five (25) separate years of service in either or both […]
