Der Sonntagsbote. (Milwaukee, Wis.) 1906-1912, 1909-07-11

% Interest derived from said perma-
tcl All moneys obtained by such other
methods o. Increment as may be duly and
legally devised for the increase OF said fund.
Ihe general fund may be drawn upon for
ne purposes Of this act by said board Of
5. said board shall have control Of the
annuity and retirement fund and the invest
mcnt thereof. Investing the same only IN
sucn securities as savings banks are author
i4ed by law to invest in. The board shall
receive ana consider all applications for
annuity under this act, shall determine the
amount II not otherwise provided and direct
payment Of the annu!ties. Whenever any
member Of the beard shall cease 70 hold d
position as a member of the board Of schoeI
directors or other managing body or as a
teacher "a the public schools. Ills or her
membership IN said board II trustees shall
thers upon cease.
.. The city treasurer shall. ex oniclo. be
che custodian Of said annuity and retire
ment fund. and shall make payments there
from he shall keep the books OF account
concerning sueh fund. in such manner as
may be prescribed BY said board OF trus-
tees, which books q account shall always
he subject 10 the inspection Of the board
OF trustees, or any member thereof. aud
any contributing teacher. He shall also
keep and truly account for all moneys. prof
Its and securities coming 10 his hands as
such treasurer, belonging 20 such fund, and
at the expiration Of his term Of Office shall
pay over. surrender and deliver 20 his sue
cehsor all moneys, profits, securities. and
other property Of whatever kind. nature, or
description which may he IN his hands or
under MS control a. custodian Aforesaid
10. beginning with the monthly payment
Of teachers salarie IN November. after the
nrst meeting Of the board Of trustees af0re-
said, the board Of school directors, or other
managing body. shall reserve from the sal
airy OF each teacher who has come under
the provisions OF this act. pursuant TO au.
thorlty Heretofore given, and from every
monthly payment thereafter, for the period
OF twenty-five years, or until the total sum
of ave hundred dollars Is paid, the sum OF
Two dollars ana shall pay the sums so re
served into the public school teachers an
ylded.
il. The city treasurer, upon the order Of
warrant o. the board Of trustees, shall pay
cut Of said annuity and retirement fund, Ia
monthly payments, to each teacher who
shall retire from the service Of the city
upon the recommendation OF the board Of
trustees determined BY a majority vote. aud
under the provisions OF this act, and be en-
Tilted thereto, the SUN Of four hundred dol.
ihrs annually provided. however, that II
said annuity and retirement fund shall al
any time be insufficient TO make such pay
ments, the amount in said fund during said
period shall be prorated among the par
ties entitled thereto. but IN no ease slasi
any teacher receive such annuity urifi he
has taught twenty 1--WE years, aAd for at
lenst ntteen years IN the public schools Of
the city 90 which this act applies, except
as ~hereinhetore provided provided, how
ever that should a teacher who has taught
Tor fifteen years or more an any such city.
become incapacitatea. having paid the
amount OF fifteen years contributions or
more. as herein provided. the board Of trus.
tees may. In It's discretion allow such teach
en-, SIX months after he has ceased active
service In the school, upon u certificate OF
such incapaciU furnished by the attending
ply siciah sa1 by a physician employed BY
amount OF which shall be determined by the
board OF trustees, and such annuity shall
cease when the ineapaeity ceases should
snch tneapacity become permanent and
should such teacher retire from the service
OF such city. the board OF trustees may pay
= s.o suen teacher & Propcrtlonate annuity.
ucable. rs many tWenty-hfths Of the fun an
nntty provided ia this section as the years
OF service OF such teacher Ia said city are
n party % twenty Eve.
II. All a%nnuitles granted by the board
or trustees or other managing body under
the provisions OF this act, shall be uni.
yided.
IL. No annuity shall be paid 20 any
teacher until such teacher shall have con
tributed 10 the general fund a sum equal
70 all the assessments fer twenty tive years,
towit five hundred dollars, except az here.
~ otherwise provided, Any contributing
teacher who has taught IA said city for
q period o. -four years or more may IN nd-
dillon 10 the monthly payments provided by
section i've, pay Into the city treasury es
a part OF said funds Ia sums Of ten dollars
or any multiple thereof, uutil The entire
sum 81 i've hundred dollars u paid by such
tSnfaer, Mhereupon all monthly payments
shall cease.
a. Any contributing teacher who shall
retire voluntarily or invaluniaFiiy esce, tile
service. lot being IN receipt OF an annuity.
or being less than slxtyshVe years old. shaft.
n application IS made within three mouths
after date Of his retirement. receive the
total amount paid by him int0 said fund,
ing teacher, bis heirs or legatees shall he
entitled 20 receive the total amount paid
BY such teacher INTO said fund, upon appli.
catioh therefor within three months after
! the date Nf NHn fhI and ftrau ftr.af ~ 1na4h
ana upon sold claim made 60 the ~Gatisfac
tiOn OF said board 81 trustees
u. Any member Of the teaching Or super
ylsing. force wha shall have attained the
are 81 sixiy.iYe years and who shall have
been engaged IN the work Of teachine or
supervision for q period aggregating TWEEN
tyigc ytaIs. at least fifteen years ~ which
shall have been ia the public schools ~ snid
city. shall II he or she desires 10 retire.
DC entitled 70 receive, after retirement, ont
OF ID teachers annuity and retirement fund
an annuity Of four hundred dollars per year.
II the general fund shall permit this sum
70 he paid to other retired members other
wise he or she shall receive tho same
amount AZ Is permitted 70 be paid 10 the
other retired members.
10. All annuities granted under the pro.
visions OF this act shall be exempt from
execution. attachments and garnlahment pro
cess. ana no ~annuitant shall have the right
to transfer or assign his or her annuity.
II All elections or appointments OF
teachers by the board Of school directors or
other managing bodies ia cities Of the nrst
class shall be on probation. and after a
successful probation for four years, the
election or appointment snail BE- nermanent
during efficiency or good behavior. provided
that teachers having taught four years or
more IN citips 10 which this Act applies shall
be deemed % have served their term of
probation. No teacher who has become por.
menently employed as herein provided hy
reason Of four or more years Of continuous
service. shall be discharged. exceDt for cause
upon written charges. which shall after ten
days written notice thereof 10 such teacher,
upon such teachers written reaupst. ho in.
yestigated, heard and determined By the
board OF school directors. whose action and
decision in the matter sball be final
~. The term teacher" Ia this act shall
include all superlnienaeBfs. principals, su-
pervlsors. aud regular Instructors employed
In the public schools nf cities u the dfst
class. provided. however. that nothing here
IN contained shall be taken to effect the
election, appointment or tenure OF the su-
perintendent the assistant superintendent
and special supervisors.
10. If at any time the general fund de-
rived from the sources hereinbefore men
TONED Ia this act, shall be found insufl.
Client 20 pay In full the ~anuulties allowed
and due under the foregoing provisions u
this act. then the board Of school directors
ehasi pay Into the public school tenchera'
annufN aud retirement fund out OF the
school fund aeaeased, levied, and collected
from the taxable property Of such city for
coed one per cent. Of the gross amount
thereof and In no case exceeding Ia any
one year the amount paid into the annuity
and retirement fund during the preceding
year. - the teachers. as hereinbefore pro
vided.
Section 3. Laws or parts OF laws lncon.
siEfent with this act are hereby repealed.
Section 4. This act shall take effect aud
be y force from and after its passage and
Apuroyed lime IA 1900