§ 2.40.480. Maximum allowable depletion of paid Firemen's Pension Fund.  


Latest version.
  • The paid Firemen's Pension Fund shall not be depleted by payment of pensions and allowances to less than an amount equal to the total contributions, plus three and one-half percent (3½%) per year thereon, contributed by paid firemen currently contributing to the fund. (Prior code §12-19)