§ 62-101. Intent.

Latest version.

It is hereby declared to be the purpose and intent of this article to continue the defined benefit employees retirement system for all city employees who are not excluded therein, to provide for a defined contribution retirement system for city employees and elected officials, and to provide for a deferred compensation plan for the voluntary participation of any city employee or elected official.

(Code 1979, § 2-266)

                    
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