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Title VII CITIES, TOWNS AND VILLAGES

Chapter 86

previous next Effective - 28 Aug 1951bottom

  86.063.  Allowance on service retirement — additional pension to persons having served in Armed Forces. — Upon retirement from service a member shall receive a service retirement allowance which shall consist of:

  (1)  An annuity which shall be the actuarial equivalent of his accumulated contributions at the time of his retirement; and

  (2)  A pension in addition to his annuity which shall equal one-one hundred and fortieth of his average final compensation multiplied by the number of years of his membership service; and

  (3)  If he has a prior service certificate in full force and effect an additional pension which shall be equal to one-seventieth of his average final compensation multiplied by the number of years of service certified to him on his prior service certificate.

  (4)  If, at any time since first becoming a member of the retirement system, he has served in the Armed Forces of the United States, in any war or period of armed hostilities between the military or naval forces of the United States and those of a foreign power, he shall be paid an additional pension which shall be the actuarial equivalent of the contributions that would have been paid into the annuity savings fund and credited to his individual account therein, together with regular interest, if his service in the police department of such city had not been interrupted by his induction into the Armed Forces of the United States, such contributions to be calculated on the basis of the compensation payable to the officers of his rank during the period of his absence.

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(RSMo 1939 § 9469, A.L. 1951 p. 333)

Prior revision: 1929 § 8911


---- end of effective   28 Aug 1951 ----

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