59-1341. CONDITIONS OF ELIGIBILITY FOR SERVICE RETIREMENT. A vested member is eligible for service retirement as indicated below, based upon his service retirement ratio. A member’s service retirement ratio shall, at retirement, be equal to the ratio of (1) to (2) as follows:
(1) The number of years of credited service for which the member was classified as a police officer or firefighter:
(2) The member’s total number of years of credited service.
| For service retirement ratio: | Service retirement eligibility age is: |
| 0.000 to 0.100 | 65 |
| 0.101 to 0.300 | 64 |
| 0.301 to 0.500 | 63 |
| 0.501 to 0.700 | 62 |
| 0.701 to 0.900 | 61 |
| 0.901 to 1.000 | 60 |
A person who was an active member on June 30, 1985 shall be deemed to have a service retirement ratio of 1.000 either if the member was a police officer or firefighter on that date and continuously thereafter to retirement or if at the time of retirement the majority of the member’s credited service has been that of a police officer or firefighter.
History:
[(59-1341) 1963, ch. 349, Art. 4, sec. 1, p. 988; am. 1965, ch. 165, sec. 1, p. 324; am. 1967, ch. 398, sec. 4, p. 1184; am. 1969, ch. 283, sec. 3, p. 856; am. 1971, ch. 49, sec. 5, p. 105; am. 1979, ch. 158, sec. 3, p. 484; am. 1985, ch. 168, sec. 1, p. 445; am. 1987, ch. 164, sec. 2, p. 323; am. and redesig. 1990, ch. 231, sec. 29, p. 632; am. 1990, ch. 249, sec. 2, p. 706; am. 1999, ch. 199, sec. 2, p. 525.]