Lake Worth Beach |
Code of Ordinances |
Part II. CODE OF ORDINANCES |
Chapter 16. PENSIONS AND RETIREMENT |
Article IV. POLICE RETIREMENT PROGRAMS |
Division 1. POLICE RETIREMENT SYSTEM |
SubDivision 2. Pension Plan |
§ 16-137. Participation in the pension plan.
(a)
A police officer shall become a participant on the first day of full-time service. Each full-time employee of the city shall be a participant in the plan provided that the chief of police shall have the option not to participate in the plan.
(b)
A person shall remain a participant until the earlier of:
(1)
Terminating service prior to earning a vested benefit and prior to reaching normal retirement age;
(2)
All benefits have been paid to the participant; or
(3)
The person dies.
(Ord. No. 97-5, § 1, 2-18-97; Ord. No. 2000-5, § 6, 3-21-00)