§ 18-240. Creation and maintenance of pension benefits.

Latest version.

(a) A pension and retirement system for elected officials of the City is hereby established to provide retirement benefits by participating in the Florida Retirement System as provided in F.S. Chapter 121, and that the benefits to the Florida Retirement System shall be extended to such elected officials pursuant to the rules, regulations and provisions of the Florida Retirement System, the applicable state laws and amendments thereto.
(b) Eligible elected officials may purchase past service retro-active to the first day of the first year of election. The cost of the purchase of past service shall be paid by the City.
(Ord. No. 08-019, § 3, 7-15-08)

                    
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