If at any time there shall not be sufficient money in the Montgomery Firefighters Pension Fund to pay each person entitled to the benefit thereof the full amount per month as herein provided, then an equal percentage of such monthly payment or payments shall be made to each beneficiary until the fund shall be replenished to warrant the payment in full of each of the beneficiaries.
Structure Code of Alabama
Chapter 51A - Montgomery County Municipalities.
Division 2 - Firefighters Pension Fund.
Section 45-51A-32.20 - Creation.
Section 45-51A-32.21 - Membership in Pension Fund.
Section 45-51A-32.22 - Board of Trustees - Composition.
Section 45-51A-32.23 - Board of Trustees - Election of Members.
Section 45-51A-32.24 - Board of Trustees - Officers.
Section 45-51A-32.25 - Custodian of Assets.
Section 45-51A-32.26 - Duties of Board.
Section 45-51A-32.27 - Funding.
Section 45-51A-32.28 - Powers of Board Members.
Section 45-51A-32.29 - Annual Report.
Section 45-51A-32.30 - Depositories.
Section 45-51A-32.31 - Payments From Fund.
Section 45-51A-32.32 - Exemptions.
Section 45-51A-32.33 - Insufficient Funding.
Section 45-51A-32.34 - Changes to Benefits.
Section 45-51A-32.35 - Assistance of City Attorney.
Section 45-51A-32.36 - Payment of Expenses.
Section 45-51A-32.37 - Annual Report by Fire Insurance Companies.
Section 45-51A-32.38 - Actuary.
Section 45-51A-32.39 - Investment Trustee.
Section 45-51A-32.40 - Transition Provisions.