§ 32-26. Retirement dates.

Effective June 1, 1973, the normal retirement date shall be the first of the month following a member's sixty-fifth (65th) birthday, except that in the case of elected officials it shall be the later of the first day of the month following the member's sixty-fifth (65th) birthday or the date upon which the member is no longer an employee as defined in section 32-22. A member, active or inactive, who has attained age fifty-five (55) may retire and commence benefits on the first day of any month following the member's fifty-fifth (55th) birthday subject to the provisions of section 32-27. For all members retiring prior to January 1, 1984, no pension benefits shall accrue beyond normal retirement date. For all members retiring after January 1, 1984, credited service shall continue to accrue beyond the normal retirement date until actual retirement or until the first of the month following the member's seventieth (70th) birthday when retirement shall be mandatory. For members who were sixty-five (65) years of age or more on January 1, 1984, the mandatory retirement age shall be seventy-five (75) years of age. However, service and salary credits will not accrue after the first of the month following such member's seventieth (70th) birthday.

(Code 1961, § 14-4; Ord. No. 19-1963, 12-5-1963; Ord. No. 135, 11-7-1968; Ord. No. 189, § 6, 7-3-1973; Ord. No. 312, 9-24-1984; Ord. No. 328, 4-1-1986; Ord. No. 31, § 14-4, 12-6-2016)