50-1505. POLICEMAN’S RETIREMENT FUND. There is hereby created a special fund in the treasury of the city to be designated and known as the policeman’s retirement fund for the purpose of providing retirement pay and other benefits for paid policemen, as defined herein, becoming aged or disabled while in the public police service of said city and also providing for their dependents. Such fund shall consist of all moneys accruing under the provisions hereof, all appropriations thereto, all contributions to said fund, donations, properties, and securities acquired by investment or otherwise, and interest earned, shall, commencing with the effective date of such fund, become a part thereof.
History:
[50-1505, added 1967, ch. 429, sec. 257, p. 1249.]
Structure Idaho Code
Title 50 - MUNICIPAL CORPORATIONS
Chapter 15 - POLICEMAN’S RETIREMENT FUND
Section 50-1501 - PURPOSE STATED.
Section 50-1502 - DEFINITIONS.
Section 50-1503 - ESTABLISHMENT OF RETIREMENT FUND.
Section 50-1505 - POLICEMAN’S RETIREMENT FUND.
Section 50-1506 - APPROPRIATION OF FUND.
Section 50-1507 - ADMINISTRATION OF FUND.
Section 50-1508 - ACTIONS BY AND AGAINST BOARD.
Section 50-1509 - EMPLOYEES OF BOARD.
Section 50-1510 - PERSONAL LIABILITY OF BOARD MEMBERS OR THEIR EMPLOYEES.
Section 50-1511 - AUDIT OF CLAIMS.
Section 50-1512 - TAX LEVY — SALARY DEDUCTIONS.
Section 50-1513 - CHAIRMAN OF BOARD — SECRETARIES — REPORTS.
Section 50-1514 - RETIREMENT OF POLICEMEN — RETIREMENT BENEFITS — LEAVE OF ABSENCE.
Section 50-1515 - RESIGNATION OF POLICEMEN — REFUND OF DEDUCTIONS.
Section 50-1516 - RETIREMENT FOR DISABILITY — DEATH BENEFITS — FUNERAL BENEFITS.
Section 50-1517 - BENEFITS EXEMPT FROM LEGAL PROCESS.
Section 50-1518 - CONSTRUCTION OF STATUTE.
Section 50-1519 - ROTARY EXPENSE FUND.
Section 50-1520 - INSURANCE OF RISKS.
Section 50-1521 - APPLICATION OF STATUTE.
Section 50-1522 - SEPARABILITY.
Section 50-1523 - FALSE CLAIMS — PENALTY.
Section 50-1524 - AUTHORITY TO CREATE POLICEMAN’S RETIREMENT FUND TERMINATED.