Chapter 18 PENSIONS*
Section 18-106 Contributions to the firefighters' retirement fund.
(a) The contribution of each covered
firefighter employee shall be four (4) percent of the
employee's compensation. "Compensation," as used in this subsection, includes salary, wages,
overtime pay, amounts contributed to a cafeteria plan under Code Section 125, amounts
contributed to a deferred compensation plan under Code Section 457, and any amounts
contributed to this plan on behalf of a covered employee and picked up by the city under Code
Section 414(h), sick leave buy back payments, automobile allowance payments, and cash in lieu
of vacation payments under section 19-129(b). Compensation does not include payment for
unused vacation days or unused floating holidays, workers compensation payments, safety
awards, or any other payment or benefit not listed in this subsection.
(b) The contributions of covered firefighter
employees shall be deducted from their biweekly
compensation and placed in the firefighters' retirement fund. Deduction of contributions shall be
a term and condition of employment; acceptance and continuance in employment shall be
deemed to be the assent of an employee to deductions.
(c) The city shall pick up employee
contributions required of covered firefighter employees.
The contributions so picked-up shall be treated as employer contributions in determining tax
treatment under the code. The city-shall pick up the contributions from funds established and
available, which funds would otherwise have been designated as employee contributions and
paid to the retirement fund.
Pursuant to section 414(h) of the Code, these employee contributions
so picked up shall not be
included in gross income for tax purposes until such time as they are distributed by refund or
(d) The city shall pay into the firefighters'
retirement fund all amounts that are needed, in
addition to the contributions of covered firefighter employees, to make the fund actuarially and
(e) The administrator shall return
to the appropriate city fund any city contribution made by
(Ord. No. 21455, § 1, 9-17-12)
(Ord. 21455, Added, 09/17/2012)