O-284-C
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CITY OF CLERMONT
CODE ORDINANCE
NO. 284-C
Page 2
The monthly normal retirement benefit for policemen shall be equal to
two and a quarter (2.25) percent of average monthly earnings, times years of
creditable service. In no event, however, will a benefit be less than two dollars
($2.00) times years of creditable service.
Effective October 1, 1992 all retirees who retired prior to October 1,
1986 shall receive an increase in their monthly retirement benefit amount in the
amount of two dollars ($2.00) per year of creditable service.
SECTION 2.
All ordinances or parts of Ordinances in conflict herewith are hereby repealed.
SECTION 3.
Should any section or part of a section be declared invalid by any Court of
competent jurisdiction, such adjudication shall not apply to or affect any other section
or provision of this Ordinance except to the extent that the entire section or part of a
section may be inseparable in meaning and effect from the section to which such
holding shall apply.
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CITY OF CLERMONT
CODE ORDINANCE
NO. 284-C
Page 3
SECTION 4.
This Ordinance shall be published as provided by law and shall become law and
shall take effect on October 1, 1995.
First Reading this 14th day of November, 1995.
Second Reading this 28th day of November, 1995.
PASSED AND ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CLERMONT, LAKE COUNTY, FLORIDA TillS _ DAY OF NOVEMBER,
1995.
~dßJ~
Robert A. Pool, Mayor
Attest
9:t~CitY Clerk