Loading...
HomeMy WebLinkAbout1974 Ordinance No. 052, • • INT RODUCED AS A BILL BY COUNCILMAN SOVERN BY AUTHORITY ORDINANCE NO. .S-Ol , SERIES OF 1974 AN ORDINANCE AMENDING SECTION 9, CHAPTER 1, TITLE II, OF THE 1969 E.M.C., CREATING A SPECIAL FUND FOR FIRE- FIG HT ER'$ PRE-RETIREMENT BENEFIT. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EN GLEWOOD, COLORADO, as follows: Sec t i on 1. That Section 9, Chapter 1, Title II is hereby amend ed to ·read as follows: 2-1-9 FIREMEN'S ACCUMULATED CONTRIBUTIONS -REPAYMENT· INJURY LEAVE AND DISABILITY PRE-RETIREMENT BENEPIT; SPECIAL FUND CREATED (a) Every paid member of the Englewood Fire Department who shall resign or be discharged from the Department prior to becoming eligible for any retirement, disability or other benefits as provided by Colorado Revised Statutes, 1963, Chapter 139, Article SO, as amended, shall be entitled to a refund of his accumulated contributions to the City Firemen's Pension Fund. The term "accumulated contributions" shall mean the sum of said firemen's contributions to the City's Firemen's Pension Fund, to- gether with interest, if any, thereon as shall be determined by the Board of Trustees of said fund. (b) There is hereby CREATED-estahlishes a special fund to be known as the UPire- men1s-Aeettmttlates-6entrihtttiens-Pttnsu "FIREFIGHTER'S BENEFIT FUND" for the purpose of refunding accumulated con: tributions to those firefighters coming within the provisions of this section, AND TO PROVIDE THOSE FUNDS NECESSARY TO PAY THE BENEFITS ACCRUING UNDER 5-4-12(c) (PERMANENT DISABILITY-FIREFIGHTER'S - PRE-RETIREMENT BENEFIT) OF THIS CODE. -1- • • Section 2. (c) The City shall make contributions to said Firefighters Benefit Fund Firemen1s Aeettmttlates-€entPihtttiens-Fttns-of ene afts-efte-half-pereeftt-{l~\~ ONE AND SEVEN- TENTHS PER CENT (1.7\) of the total fiYemen 1s FIREFIGHTER'S salaries monthly to finance the benefit as herein provided. (d) In addition to the powers and obligations imposed upon the Board of Trustees of the Englewood Fire Pension Board by Article SO, Chapter 139, Colorado Revised Statutes,· 1963, as amended, said Board shall have all powers necessary to supervise and administer the terms of this section. In addition thereto, said Board shall have the power from time to time, and as the need may arise, to transfer any surplus moneys resulting in said Fire- men1s--Aeettattlate4-6entFih~tiens-Fttns-FIRE- FIGHTERS BENEFIT FUND to the Firemen's Pension Fund of the City. The amendments contained in this Ordinance shall take effect on January 1, 1975. Introduced, read in full and passed on first reading on the 4th day of November, 1974. Published as a Bill for an Ordinance on the 7th day of November, 1974. Read by title and passed on final reading on the 18th day of November, 1974. Published by title as Ordinance No. ,S-0/ , Series of 1974, on the 21st day of November, 1974 . -2- • • • ATTE ST : ex I, Karl Nollenberger, do hereby certify that the above and foregoing is a true, accurate and complete copy of the Ordinance, passed on final reading and publi shed by title as Ordinance No. .S-Ul , Series of 1974. efiy Clerk-Treasurer -3-