§ 2-143. Retirement plan.

(a)

There is hereby established a municipal employee retirement plan for the city.

(b)

Each municipal employee and each nonprofessional employee of the board of education on the date of enactment of the ordinance from which this section derives who is not now covered by an existing pension plan of any nature and not receiving any pension by reason of any special act of the legislature, shall upon reaching the age of sixty-five (65) years be entitled to a pension from the city of one thousand dollars ($1,000.00) per year commencing at the termination of his employment provided that upon reaching the age of sixty-five (65) years, he shall have completed twenty (20) consecutive years as a full-time regular employee of the city or of the board of education.

(c)

Any such employee having served twenty (20) consecutive years and, who, upon reaching age sixty (60), is unable, for physical reasons as determined by a doctor chosen by the city, to fulfill the duties of his position, shall be entitled to a pension of one thousand dollars ($1,000.00) per year provided, however, that this section shall not apply if the person is receiving any other payment or benefits directly or indirectly from the city or from workmen's compensation.

(d)

If any person who is receiving a pension dies leaving a widow of the age of sixty-five (65) or over, then the pension shall be paid to such widow as long as she shall live and shall remain unmarried.

(e)

The board of apportionment and taxation shall each year appropriate sufficient funds to pay the pension of the persons entitled thereto under the provisions of this section.

(f)

The city has the right to alter and amend this section from time to time without the consent of the beneficiaries, provided that benefits of persons receiving pensions at the time of alteration or amendment, shall not be reduced below those specified therein.

(g)

Nothing contained herein shall prevent the city from requiring an employee contribution as a condition of future increase benefits if it so chooses.

(h)

Notwithstanding the provisions of this section the clerk of the assessors shall be entitled to the following pension benefits upon reaching the age of sixty-five (65) years and after having completed fifteen (15) consecutive years in such position: The annual sum of two thousand five hundred dollars ($2,500.00) payable in equal monthly installments commencing thirty (30) days after retirement.

(i)

Blue Cross and CMS or other medical benefits paid by the city during the employee's working years shall be continued at the expense of the city.

(j)

Any group life insurance paid by the city during the employee's working years shall be continued at the expense of the city.

(k)

Upon the death of such employee any surviving widow shall be entitled to receive the benefits provided in subsection (d) of this section.

(l)

The foregoing provisions of this section to the contrary notwithstanding, any person who has held the office of chief of police of not less than four and one-half (4½) years, pursuant to a written contract with the city as a merit system employee, and who has a minimum of twenty-five (25) years of service with the Shelton Police Department shall, in addition to any pension or other benefits which he may otherwise receive, be entitled to the following pension benefits:

(1)

The sum of four hundred dollars ($400.00) per month from the date of retirement for a period of fifteen (15) years, or until death, whichever is sooner.

(2)

A continuation of medical coverage for the chief of police and spouse as may be approved by the board of aldermen.

(Comp. Ords. 1975, § 19.6; Ord. No. 722, 2-26-98)