Part 10 — CITY CONTRIBUTIONS

All administrative costs of the retirement system, as determined and approved by the board, including staff salaries and indirect labor costs, shall be borne by and paid from the retirement fund. The payment of costs of staff salaries and indirect labor from the retirement fund shall be subject to such limitations on said costs as may be agreed upon by the city and the employee organizations representing members of this system and set forth in the appropriate memoranda of agreement. Costs for staff salaries and indirect labor in excess of said limitations, if any, shall be paid by the city.

(Prior code § 2904.90; Ord. 23433.)

From and after July 1, 1971, the city's current service rate of contributions shall consist of the sum of two rates. The first rate, hereinafter referred to as the "normal city current service rate," shall be such that the

amount of contributions paid by the city under such rate for each month of current service for which such rate is imposed, as compared to the amount of normal contributions required of members for each such month of current service, shall be in the ratio of eight for the city to three for members. The second rate, hereinafter referred to as the "city current service deficiency rate," shall be such as may be necessary to make up, over a period of thirty years, any existing deficiency in the amounts of normal current service contributions theretofore contributed by members and by the city for the payment of the cost of all pensions and other benefits which are or will become payable to members on account of current service, such deficiencies being those resulting from amendments to the system changing the time at which members, may retire, or changing the benefits members will receive, or resulting from experience under the system. From and after July 1, 1971) and until the amount accumulated in the retirement fund from normal contributions of members and from city current service contributions becomes not less than the present value of all amounts thereafter payable from the retirement fund on account of current service, the city shall make monthly contributions, for the purpose of making up said deficiencies in current service contributions, at a "current service deficiency rate" established by or pursuant to the provisions of this Part 10.

(Prior code § 2904.88.)

From and after July 1, 1971, and until revised by the retirement board, the rate at which the city shall make contributions in each month for pensions and other benefits allowable under this retirement system to members on account of current service shall be 11.04 percent (said rate being the sum of a "normal city current service rate" of 10.30 percent, and a "city current service deficiency rate" of 0.74 percent) of the aggregate amount of members' compensation earned (or of members' compensation earnable with respect to members absent on military service, as defined in Section 3.24.1100, who are themselves contributing pursuant to Section 3.24.1110, or for whom contributions are made by the city pursuant to Section 3.24.1150, or with respect to members absent by reason of service-connected injury or illness as defined in Section 3.24.1170 if such members are themselves contributing pursuant to Sections 3.24.1170 and 3.24.1180 on the basis of compensation earnable) during the immediately preceding calendar month. Said composite rate of eleven and four one-hundredths percent, and/or the "normal city current service rate," and the "city current service deficiency rate" of which it is composed, may be revised by the retirement board from time to time because of or on the basis of such actuarial or other investigations as it may make pursuant to the provisions of Section 3.24.160 of this Code, or because of or on the basis of experience in this system, or because of or on the basis of such tables and rates as the board may adopt in accordance with the provisions of Section 3.24.170 of this Code.

(Prior code § 2904.89a.)

There shall be paid into the retirement fund, by contributions of the city, the amounts necessary to pay all pensions and all other benefits allowable under the retirement system to members on account of prior service, and not provided by member's accumulated prior service contributions. Until the amount accumulated in the retirement fund from contributions of the city made because of prior service becomes not less than the present value of all amounts thereafter payable from the retirement fund on account of prior service and not provided by members' accumulated prior service contributions, the amount due in each fiscal year to said fund under this section shall be the amount determined from time to time by the

retirement board, as required to liquidate the difference between said present value and the funds then on hand to meet such obligations on account of prior service, by annual installments from the time of such determination to a date forty years after the first day of July, 1951. Prorate installments may be paid for the fiscal years in which the forty years begin and end. During each fiscal year the board shall certify to the city auditor the amount due within such year to the retirement fund under this section on account of prior service, and the city auditor shall transfer such an amount to the retirement system from the budget appropriation for the then current fiscal year.

(Prior code § 2904.89.)

From and after July 1, 1971, and until revised by the retirement board, the rate at which the city shall make annual contributions for pensions and other benefits allowable under this retirement system to members on account of prior service shall be sixty-four one-hundredths percent of the aggregate amount of members' compensation earned (or of members' compensation earnable with respect to members absent on military service, as defined in Section 3.24.1100 who are themselves contributing pursuant to Section 3.24.1110, or for whom contributions are made pursuant to Section 3.24.1150, or with respect to members absent by reason of service-connected injury or illness, as defined in Section 3.24.1170, if such members are themselves contributing pursuant to Sections 3.24.1170 and 3.24.1180 on the basis of compensation earnable) during the immediately preceding fiscal year. Said rate may be revised or changed by the retirement board from time to time because of or on the basis of such actuarial or other investigations as it may make pursuant to Section 3.24.160 of this Code, or because of or on the basis of experience in this system, or because of or on the basis of such tables and rates as the board may adopt in accordance with the provisions of Section 3.24.170 of this Code.

(Prior code § 2904.89b.)

and fire department retirement plan.

A.

If a member, pursuant to Section 3.24.1080, elects to and becomes entitled to receive credit under this system for service formerly credited to him under a city police or fire department retirement plan specified in Section 3.24.1080, the city shall contribute to the retirement fund an amount equal to the sum of:

An amount which, when added to the sums transferred and paid into the retirement fund established by this chapter pursuant to Section 3.24.1080, will equal the amount of contributions which such member would have been required to pay under this system had he been a member of this system from the date he became a member of the police and fire department retirement plan;

An amount equal to the contributions which the city would have been required to make to the retirement fund, during the time said member was a member of the police and fire department retirement plan, if said

member had then been a member of this system instead of said police and fire department retirement plan.

B.

Contributions required to be made by the city pursuant to this section shall be made by transfer and payment into the retirement fund established by this chapter, from the retirement fund established by said police and fire department retirement fund, of all contributions made by the city into such police or fire department retirement fund for or because of such person's membership in the police and fire retirement plan. If the amount of moneys so transferred is less than the amount required to be contributed by the city under this section, the balance shall be paid from other available city funds.

(Prior code § 2904.89c.)

credited to them under police and fire department retirement plan.

A.

If a member, pursuant to Section 3.24.1090, elects to and becomes entitled to receive credit under this system for service formerly credited to him under a city police or fire department retirement plan specified in Section 3.24.1090, the city shall contribute to the retirement find a amount equal to the sum of:

An amount equal to the contributions which the city would have been required to make to the retirement fund, during the time said member was a member of the police and fire department retirement plan, if said member had been a member of this system instead of said police and fire department retirement plan.

B.

Contributions required to be made by the city pursuant to this section shall be made by the transfer and payment into the retirement fund established by this chapter from the retirement fund established by said police and fire department retirement plan, of all contributions made by the city into such police and fire department retirement fund for or because of such person's membership in the police and fire department retirement plan. If the amount of moneys so transferred is less than the amount required to be contributed by the city under this section, the balance shall be paid from other available city funds.

(Prior code § 2904.89f.)

If the city service of a member is discontinued by reason of resignation or discharge, or by reason of layoff or leave of absence deemed by the board to have resulted in permanent discontinuance (and in such case, as of the date of the determination by the board that the discontinuance is permanent), or if the disability retirement of a member is followed by cessation of the disability and by cancellation of the disability allowance, but the member does not reenter city service, and such member withdraws all or part of his accumulated contributions, and interest thereon, the city shall not receive a refund of its contributions made for such member nor receive a credit for such contributions against other contributions required to be made by the city.

(Prior code § 2904.89(d); Ord. 20276.)