Sec. 9-57-5. - Payment of retirement benefit.
A. The supplemental retirement benefit provided hereunder shall be paid monthly in the form of a straight life annuity to a single employee that has satisfied the eligibility requirements set forth in section 9-57-3 herein and retired from service.
B. In the event of the death of a married solid waste employee that has satisfied the eligibility requirements included herein and retired prior to such employee's death, 50 percent of the supplemental retirement benefit provided hereunder shall be paid to the surviving spouse. If there is no spouse, the benefit shall be paid to or on behalf of the deceased employee's surviving children. Notwithstanding the foregoing, a surviving spouse shall have the ability to buy up to 100 percent of the deceased employee's benefit as provided herein.
C. If an employee receiving a benefit pursuant to this chapter is reemployed after the commencement of his retirement benefit payments, no further benefit payment shall be made to such employee during his period of reemployment.
(Ord. No. 5537, § 1, 12-3-2013)
