§ 3.14. Disability not in line of duty—Benefit.  


Latest version.
  • A member of Division B shall receive a monthly disability retirement benefit, which shall be payable on his disability retirement date, as defined in Section 3.13, and on the first day of each month thereafter during the period of his disability, as defined in Section 3.13, and during his lifetime; provided, however, that if the member of Division B has not contributed to the fund as of his disability retirement date for twenty-four (24) full years, he shall contribute to the fund in accordance with the applicable contribution rate of a retired member as set forth in Section 3.07, and he shall contribute such amount during his lifetime and during the period of his disability, as defined in Section 3.13, or until he has made contributions to the fund before and after retirement for twenty-four (24) full years, whichever is the shorter period of time. Such monthly disability retirement benefit shall be equal to one-twelfth ( 1/12 ) of the applicable percent of his credited earnings (set forth in the table below) and based on his years of credited service, as follows:

    Years of Credited Service Percent of
    Credited
    Earnings
    Five (5) years 20%
    Six (6) years 25%
    Seven (7) years 30%
    Eight (8) years 35%
    Nine (9) years 40%
    Ten (10) years or more 50%