SEC. 16.87. WAIVER OF PENSIONS – SIGNING AND FILING; EFFECTIVE DATE; WAIVER FORMS.

A person entitled to receive a pension may decline to accept all or part of future payments of such pension by a waiver signed and filed with the Retirement Board. Such waiver shall become effective on the date stated in the waiver and shall remain in effect until the waiving person's death or his or her filing of a signed revocation with the Retirement Board, whichever is earlier. Waivers and revocations shall be on forms furnished by the Retirement Board.

On and after January 1, 1992, any person elected to a City office, who waives pension payments under this Section, shall not be subject to the limitations on reemployment or payment for service in Charter Sections 8.509(j), 8.511, 8.559-13, 8.584-10, 8.585-13, 8.586-13 and 8.588-13.

(Ord. No. 167-58, Sec. 1; amended by Ord. 1-92, App. 1/6/92)

SEC. 16.88-1. CONDITIONS UNDER SECTION 210(L) OF FEDERAL SOCIAL SECURITY ACT.

Sections 16.88-3, 16.88-4, 16.88-5, 16.88-6, 16.88-7 of this Article shall not be applicable to any position which is covered employment under Section 210(L) of the Federal Social Security Act (a) while occupied by a member prior to the federal execution date of a modification of the Master Federal-State old-age survivors and disability insurance agreement to extend coverage to members of the system under said act, unless he is a member who affirmatively exercised the option in Section 16.88-2 of this Article, or (b) while occupied at any time by a member who occupied any such position on such federal execution date, unless he is a member who affirmatively exercised the option in Section 16.88-2 of this Article, or (c) while occupied by any person prior to the effective date of coverage of members of the system under such agreement.

(Added by Ord. 488-59, App. 9/14/59)