§ 62-158. Participation in the plan.

(a)

Eligibility. Each employee, including a new employee and a rehire employee, shall be eligible to become a participant on the first day of any payroll period.

(b)

Initial participation. An employee shall become a participant at the beginning of the payroll period commencing the month after he submits a completed enrollment form to the plan administrator.

(c)

Termination of participation. A participant's participation in the plan shall terminate on the date he is no longer employed by the city. If upon termination of employment, the participant is entitled to a benefit under the plan, then the account may remain open until those benefits have been distributed.

(Ord. No. 4319-11, § 1, 2-22-2011)