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Section 1. Definitions - Sec. 1. DEFINITIONS. In this Act: (1) "Actuarial data" includes:...
Section 1A. Interpretation of Act - Sec. 1A. INTERPRETATION OF ACT. This Act does not and...
Section 1B. Fiscal Year - Sec. 1B. FISCAL YEAR. If either the pension system or...
Section 1C. Alternative Retirement Plans - Sec. 1C. ALTERNATIVE RETIREMENT PLANS. (a) In this section, "salary-based...
Section 1D. Requirements for Certain Cash Balance Retirement Plans - Sec. 1D. REQUIREMENTS FOR CERTAIN CASH BALANCE RETIREMENT PLANS. (a)...
Section 1E. Conflict of Law - Sec. 1E. CONFLICT OF LAW. To the extent of a...
Section 2. Pension Board - Sec. 2. PENSION BOARD. (a) The pension board of the...
Section 2A. Conflicts of Interest - Sec. 2A. CONFLICTS OF INTEREST. (a) The existence or appearance...
Section 2B. Pension System Actuary; Actuarial Valuations - Sec. 2B. PENSION SYSTEM ACTUARY; ACTUARIAL VALUATIONS. (a) The pension...
Section 2C. Qualifications of City Actuary - Sec. 2C. QUALIFICATIONS OF CITY ACTUARY. (a) An actuary hired...
Section 2D. Report on Investments by Independent Investment Consultant - Sec. 2D. REPORT ON INVESTMENTS BY INDEPENDENT INVESTMENT CONSULTANT. (a)...
Section 3. Additional Powers of Pension Board - Sec. 3. ADDITIONAL POWERS OF PENSION BOARD. (a) If the...
Section 4. Ineligible Individuals - Sec. 4. INELIGIBLE INDIVIDUALS. Notwithstanding any other provision of this...
Section 5. Individuals Eligible for Membership - Sec. 5. INDIVIDUALS ELIGIBLE FOR MEMBERSHIP. (a) Individuals described in...
Section 6. Group C Membership, Service Requirements, and Benefits - Sec. 6. GROUP C MEMBERSHIP, SERVICE REQUIREMENTS, AND BENEFITS. (a)...
Section 7. Service; Credited Service - Sec. 7. SERVICE; CREDITED SERVICE. (a) Notwithstanding any other provision...
Section 8. Member Contributions - Sec. 8. MEMBER CONTRIBUTIONS. (a) Subject to adjustments authorized under...
Section 8A. City Contributions - Sec. 8A. CITY CONTRIBUTIONS. (a) The city shall make contributions...
Section 8B. Risk Sharing Valuation Studies - Sec. 8B. RISK SHARING VALUATION STUDIES. (a) The pension system...
Section 8C. Initial Risk Sharing Valuation Studies; Corridor Midpoint and City Contribution Amounts - Sec. 8C. INITIAL RISK SHARING VALUATION STUDIES; CORRIDOR MIDPOINT AND...
Section 8D. Actuarial Experience Studies - Sec. 8D. ACTUARIAL EXPERIENCE STUDIES. (a) At least once every...
Section 8E. City Contribution Rate When Estimated City Contribution Rate Lower Than Corridor Midpoint; Authorization for Certain Adjustments - Sec. 8E. CITY CONTRIBUTION RATE WHEN ESTIMATED CITY CONTRIBUTION RATE...
Section 8F. City Contribution Rate When Estimated City Contribution Rate Equal to or Greater Than Corridor Midpoint; Authorization for Certain Adjustments - Sec. 8F. CITY CONTRIBUTION RATE WHEN ESTIMATED CITY CONTRIBUTION RATE...
Section 8G. Confidentiality - Sec. 8G. CONFIDENTIALITY. (a) The information, data, and document exchanges...
Section 8H. Unilateral Decisions and Actions Prohibited - Sec. 8H. UNILATERAL DECISIONS AND ACTIONS PROHIBITED. No unilateral decision...
Section 8I. State Pension Review Board; Report - Sec. 8I. STATE PENSION REVIEW BOARD; REPORT. (a) After preparing...
Section 9. Contribution Refunds - Sec. 9. CONTRIBUTION REFUNDS. (a) If any member's employment by...
Section 10. Normal Retirement Pension - Sec. 10. NORMAL RETIREMENT PENSION. (a) For purposes of this...
Section 10A. Group D Member Hybrid Component - Sec. 10A. GROUP D MEMBER HYBRID COMPONENT. (a) On and...
Section 11. Option-Eligible Participants - Sec. 11. OPTION-ELIGIBLE PARTICIPANTS. (a) In this section, "J&S Annuity"...
Section 12. Deferred Retirement Option Plan - Sec. 12. DEFERRED RETIREMENT OPTION PLAN. (a) In this section:...
Section 13. Disability Pensions - Sec. 13. DISABILITY PENSIONS. (a) A member who has completed...
Section 14. Surviving Spouse and Dependent Child Monthly Allowance - Sec. 14. SURVIVING SPOUSE AND DEPENDENT CHILD MONTHLY ALLOWANCE. (a)...
Section 15. Increase in Benefits - Sec. 15. INCREASE IN BENEFITS. (a) In addition to the...
Section 16. Lump-Sum Benefit Payment - Sec. 16. LUMP-SUM BENEFIT PAYMENT. (a) Notwithstanding any other provision...
Section 17. Termination of Employment; Death; Reemployment - Sec. 17. TERMINATION OF EMPLOYMENT; DEATH; REEMPLOYMENT. (a) A member...
Section 19. Multiple Pensions - Sec. 19. MULTIPLE PENSIONS. (a) The pension board may authorize...
Section 20. Service for Formerly Ineligible Employees - Sec. 20. SERVICE FOR FORMERLY INELIGIBLE EMPLOYEES. (a) A member...
Section 21. Reduction of Benefits; Dissolution of System - Sec. 21. REDUCTION OF BENEFITS; DISSOLUTION OF SYSTEM. (a) If...
Section 22. Exemption From Execution, Attachment, or Other Writ - Sec. 22. EXEMPTION FROM EXECUTION, ATTACHMENT, OR OTHER WRIT. (a)...
Section 24. Excess Benefit Plan - Sec. 24. EXCESS BENEFIT PLAN. (a) A separate, nonqualified, unfunded...
Section 25. Employees on Retirement When Act Takes Effect - Sec. 25. EMPLOYEES ON RETIREMENT WHEN ACT TAKES EFFECT. (a)...
Section 26. Confidential Information - Sec. 26. CONFIDENTIAL INFORMATION. (a) Records that are in the...
Section 27. Power of Attorney - Sec. 27. POWER OF ATTORNEY. (a) A person eligible for...
Section 28. Proportionate Retirement Program With Participating Retirement Systems - Sec. 28. PROPORTIONATE RETIREMENT PROGRAM WITH PARTICIPATING RETIREMENT SYSTEMS. (a)...