§ 2-846. Supplemental pension payment.

(a)

Officers and employees who retired or who will retire as a matter of right under the most recent amendment under the provisions of the laws establishing the three pension systems of the city as of the date of their retirement shall be paid a minimum amount per month for each full year of active creditable service. Retirees of the city shall be paid a minimum of $12.00 per month for each full year of active creditable service. Beneficiaries of these pensioners shall be paid $9.00 per month for each full year of active creditable service of the officer or employee. Retirees of the city board of education shall be paid a minimum of $17.00 per month for each full year of active creditable service. Beneficiaries of these pensioners shall be paid $12.75 per month for each full year of active creditable service of the officer or employee. However, if the normal monthly pension benefit payable to a former officer or employee or the beneficiary of such officer or employee was reduced at the time of retirement due to the fact that applicable age requirements were not met, the minimum monthly amounts specified in this section shall be reduced by the same percentage as the normal monthly pension benefit was reduced at the time of retirement. For purposes of this section, active creditable service for an employee or officer who was granted a disability in-line-of-duty pension from the police officers' or firefighters' pension funds prior to April 1, 1964, or from the general employees' pension fund prior to April 17, 1973, shall be set at a minimum of 25 years. The records kept in the department of finance, employee benefits division, shall be conclusive as to time served.

(b)

Increased pension benefits payable to former officers and employees under this section shall be reduced in an amount equivalent to the total pension supplement paid directly to such former officer or employee by the state teacher's retirement system under O.C.G.A. tit. 47, ch. 3 (O.C.G.A. § 47-3-1 et seq.).

(c)

As to former members, officers and employees of the city and their dependents, such increased benefits payable under this section shall be paid from the general fund of the city. With respect to those former members, officers and employees of the board of education and their dependents, such increased benefits, as provided in this section, shall not be paid from the general fund of the city, but shall be paid, if at all, from monies appropriated by the board of education and paid to the city for the purpose of making such payments to the former members, officers and employees of the board of education.

(Code 1977, §§ 7-4098(g), 7-4098.3(a), (c))

Charter reference

Pension plan modifications, § 3-507.