Cocoa Beach |
Code of Ordinances |
Chapter 16. PENSIONS |
Article V. CITY OF COCOA BEACH GENERAL EMPLOYEES' PENSION TRUST FUND |
Division 2. PENSION PLAN |
SubDivision 2. CREDITED SERVICE |
§ 16-81. Participation in the pension plan.
(a)
Participation.
(1)
A person shall become a participant on the first day of service as a full-time employee. Each full-time employee of the city shall be a participant in the plan.
(2)
A person shall remain a participant until the earlier of:
a.
terminating service prior to earning a vested benefit and prior to reaching normal retirement age;
b.
all benefits have been paid to the participant; or
c.
the person dies.
(Ord. No. 1222, § 1, 11-18-1999)