§ 16.19 — [Supplemental contracts.]

Sec. 16.19. - [Supplemental contracts.]

[(A)] The City of Tampa in its discretion is hereby authorized and empowered to enter into supplemental contracts with any member of its Police or Fire Department who now has or may hereafter enter into a pension with said City, and who elects to make additional contributions from his salary to the pension fund. [(B)] In furtherance of this power the city is authorized but not limited to prescribing the manner and method of qualifying for such contracts, the terms and conditions thereof, the amount of contributions thereto, the eligibility and terms for retirement, the amounts such retired members or their heirs shall receive, the terms of severance and refund of contributions. [(C)] The Board of Trustees administering said fund under existing laws shall hereafter render and make available an annual accounting of the resources, investments, income, and disbursements from said fund to each member of the pension board or any other interested party, and this duty shall be enforceable by mandamus proceedings in the Circuit Courts of the State by any such member. The cost of said accounting shall be paid from said Fund. [(D)] Within a year from the effective date of this act [section—July 1, 1955] the City of Tampa shall conduct an independent audit and actuarial study of the financial condition of said fund. The results of said audit and study shall be made public and available to all interested parties. [(E)] All contracts heretofore entered into between members of said Fire or Police Department with the City of Tampa under existing laws are hereby ratified.

(Laws of Fla. 1955, Ch. 31310, §§ 1—5; Compiled Charter 1958, §§ 473—477)