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§ 24-11-101. Legislative intent

(a) The provisions of this subchapter are intended to establish procedures whereby the benefits to members and beneficiaries under the firemen’s relief and pension funds and the policemen’s pension and relief funds within the respective municipalities of this state may be increased on an orderly basis without a deterioration of actuarial soundness and are further […]

§ 24-11-102. Increase in benefits

(a) The board of trustees of a municipal firemen’s relief and pension fund and the board of trustees of a policemen’s pension and relief fund are authorized to increase benefits for future or current retired members and beneficiaries of the firemen’s relief and pension fund or policemen’s pension and relief fund. (b) Any proposed increase […]

§ 24-11-103. Actuarial valuation

(a) The cost of actuarial valuation made under the provisions of § 24-11-102 shall be paid by the board of trustees of the firemen’s relief and pension fund or the board of trustees of the policemen’s pension and relief fund which proposes to increase member or beneficiary benefits under the fund. (b) The actuarial valuation […]

§ 24-11-104. Rules

The Department of Finance and Administration is authorized to promulgate such reasonable rules as are necessary to carry out the provisions of §§ 24-11-301 and 24-11-809.

§ 24-11-105. Survivor benefits for spouses who remarry

The board of trustees of the local firemen’s relief and pension fund or the board of trustees of the local policemen’s pension and relief fund may elect to continue paying survivor benefits to spouses who remarry after they begin receiving benefits under the plan. However, before the election is effective, the election shall be approved […]