43:13-41 - Payments to dependents of employee or officer who served five years or more
43:13-41.Ā Payments to dependents of employee or officer who served five years or more
If a municipal employee or officer, who was not previously retired or pensioned, who has paid into the fund the full amount of his annual assessmentsĀ or contributions and who shall have served in the municipal employ for fiveĀ years, shall die from causes other than injuries or illness received orĀ incurred in the performance of his duties, twenty per cent of the pension whichĀ would have been paid if he had served in the village for twenty-five yearsĀ shall be paid to the surviving widow, husband, minor children or dependentĀ parents, as the case may be.Ā For each additional year of such serviceĀ thereafter the proportionate amount of the pension to be so paid shall beĀ increased to the extent of four per cent over and above such twenty per centĀ per annum for each additional year of service up to and including twenty-fiveĀ years.
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If a municipal employee or officer, who was not previously retired or pensioned, who has paid into the fund the full amount of his annual assessmentsĀ or contributions and who shall have served in the municipal employ for fiveĀ years, shall die from causes other than injuries or illness received orĀ incurred in the performance of his duties, twenty per cent of the pension whichĀ would have been paid if he had served in the village for twenty-five yearsĀ shall be paid to the surviving widow, husband, minor children or dependentĀ parents, as the case may be.Ā For each additional year of such serviceĀ thereafter the proportionate amount of the pension to be so paid shall beĀ increased to the extent of four per cent over and above such twenty per centĀ per annum for each additional year of service up to and including twenty-fiveĀ years.
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