Alabama Code (Last Updated: November 28, 2014) |
Title45 LOCAL LAWS. |
Chapter28A. ETOWAH COUNTY MUNICIPALITIES. |
Article4. Gadsden. |
Part3. Employees. |
Division2. Policemen and Firemen's Retirement Fund Board of Trustees. |
§45-28A-42.62. Increase in retirement benefits.
Latest version.
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In addition to the retirement benefits provided for herein, the board of trustees of the policemen's and firemen's pension fund shall have the authority, upon the vote of six of the seven trustees, to grant an increase in retirement benefits up to a maximum of 20 percent of any increase in salary afforded active members of the police or fire departments.