§ 45-10. Computation of benefits.  


Latest version.
  • Such pension benefits for any month as called for under §§ 45-7, 45-8 and 45-9 shall be computed as the sum of:
    A. 
    Seventy-five percent of the primary benefits under federal social security laws for which the police officer may be eligible because of age as, if and when such benefits become payable to police officers of the Township.
    B. 
    Any pension benefits from any pension plans heretofore established by a private organization or association for the members of the police force but only to the extent that this commonwealth or any of its municipalities shall have contributed to such pension plan moneys raised by taxation.
    C. 
    Benefits from Police Pension Funds established by this article up to the extent necessary to bring total benefits in any month up to the amounts called for under §§ 45-7, 45-8 and 45-9.
Amended 10-9-1967 by Ord. No. 134; 12-18-1973 by Ord. No. 214