§ 3-544. CURRENT SERVICE PENSION OF REINSTATED MEMBER.  


Latest version.
  • (a)

    The current service pension of any member reinstated from service retirement, upon his subsequent service retirement, shall be the sum of (1) a current service pension calculated on the basis of service rendered after such reinstatement and in accordance with Section 3-541, plus (2) his current service pension as it was prior to his reinstatement adjusted according to any change in the provisions governing the calculation of such pensions, made after such reinstatement and applicable to pensions being paid at the date of the change; provided, that such subsequent retirement occurs before he renders after his reinstatement at least one year of city service credited under this System; otherwise, in lieu of (2), a current service pension based on current service rendered prior to such reinstatement, but calculated under Section 3-541, (i) on the basis of an age, taken to the preceding completed quarter year but not less than fifty years, and determined by deducting from his age at his subsequent retirement, the aggregate time during which he was under retirement, and (ii) on the basis of his final compensation as it was at the date of his preceding retirement. If however, the member renders at least three years of service after his reinstatement, the final compensation which is used in calculating the pension based on service rendered after reinstatement shall be used also in calculating the pension based on current service rendered prior thereto.

    (b)

    For such a member reinstated from disability retirement, the current service pension upon his service retirement after attaining age fifty-five, and subsequent to such reinstatement, shall be calculated in the manner described in the preceding subsection.

(Added Ord. 5313, 1958, based on former Section 2-835; Am. Ord. 5666, 1959; Am. Ord. 67-133, 1968; Am. Ord. 69-60, 1969).