The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1909-07-15

TAI Gifts and iegacleS not specifically
given to said permanent fund.
tbl Interest derived from said perms
nent fund.
tcl All moneys obtained BY such other
methods Of increment as may be duly and
legally devised for the increase Of said fund
The general fund may be drawn upon for
trustees.
s. Said board shall have control of the
annuity and retirement fund and the invest
ment thereof investing TIE same only III
SUCH securities as savings banks are author
ICED by law to invest in. The board shall
receive and consider all applications for
annuity under this act, shall determine the
amonnt IL not otherwise provided anG direct
payment OF the annuities. Whenever any
member of the board stall cease to hold a
position as q member Of the board OF school
directors or other managing body or SIS q
teacher la the public schools, his or her
membership in said board of trustees shalt
thereupon cease.
3. The city treasurer shall. ex oficio, be
the custodian OF said annuity and retire
ment fund, and shall make payments there
from; he snail keep the books OF account
concerning such fund, in such manner as
may be prescribed by said board of trus
tees which books of account snail always
be subject to the inspection of the board
or trustees. or any member thereof, and
any contributing teacher. He SHAH also
keep and truly account for aii moneys, prof
It's and securities coming to mis- hands as
such treasurer, belonging TO such fund, aud
at the expira ton of DIS term Of Office shall
pay over, surrender and deliver to his sue
eessor all moneys. profits, securities and
other property Of whatever kind, aat&re, or
description which may be IN his hands or
under his control as custodian aforesaid
10 Beginning with the monthly payment
OF teachers salaries IN November, after the
first meeting of the board of trustees afOre
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
fHPfpt0fOrA
monthly payment thereafter, for the period
OF twenty five years, or until the total sum
OF five hundred dollars Is paid. the sum OF
two dollars, and shall pay the SUMS so re-
served into the public school teachers an
nnity and retirement fund as herein pro-
vided.
III. The city treasurer, upon the order Of
warrant Of the board of trustees shalt pay
out OF said annuity and retirement fund, In
monthly payments. TO each teacher WHO
shall retire from the service OF the city
upon the recommendation of the board of
trustees determined by ma joritY vote. and
urier the provisions Of this act, and be en-
titled thereto, the sum Of four hundred dol
lars annually; provided however, that If
said annuity and retirement fund shall at
any time be insufficient TO make such pay
ments, the amount 10 said fund during aid
period shall be pro rated among the par
ties entitled thereto, but in no case shall
any teacher receive such annuity until he
has taught twenty-five years, and for at
least fifteen years in the public schools Of
the city to which this act applies, except
as nereinhefOre provided: provided, how
ever, that should a teacher who has taught
for fifteen years Or more in any such city,
become tncapacitated, having paid the
amount OF fifteen years contributions or
more. as herein provided the board Of trus-
tees may, in its discretion allow such teach
er six months after he has ceased active
service Ia the school, upon a certificate of
such incapaclty furnished by the attending
physician and by physician employed by
tue board OF trustees, an annuity, the
amount Of which shall be determined by the
board Of trustees, and such annuity shall
cease when the inca paclty ceases Should
such incapacity become permanent and
should such teacher retire from the service
OF such city. the board of trustees may pay
90 such teacher proportionate annuity.
Snch annuity shall be as nearly as prac-
ticable. az many twenty-ffths of the full an
nuity provided in this section as the years
of service of such teacher in said city are
a party of twenty-five
II. All annuities granted by the board
or trustees or other managing body under
the provisions of this act, shall be uni
vided.
10. No annuity shall be paid to any
teacher until such teacher shall have con
tributed to the general fund sum equal
to all the assessments for twenty five years.
TO- wit: five hundred dollars, except as here
In otherwise provided, Any contributing
teacher who has taught In said city for
period of four years or more may In adj
dition to the monthly payments provided By
section FIVE, pay into the city treasury os
a part of said funds In sums Of ten dollars
or any multiple thereof, until the entire
sum of Ave hundred dollars Is paid by such
teacher, whereupon all monthly payments
shall cease.
II. ANY contributing teacher who shall
retire voluntarily or inYolunta riiy from the
service, not being In receipt of an annuity
or being less than sixty Eve years old shall
Ii application is made within three months
after date Of his retirement, receive the
~ hxg y fFa fy1AA \
and in case of the death of any contribut-
ing teacher, his heirs or legatees shall he
entitled to receive the total amount paid
by such teacher into said fund upon aTpli-
cation therefor within three months after
the date Of death. and upon proof OF death
and upon said claim made to the Eatisfac-
ton Of said board Of trustees.
Is. Any member of the teaching or sinner.
vising force who shall have attained the
age OF stxty-fve years and who shall have
been engaged In the work Of teaching or
supervision for period aggregating TWEEN
ty-tve years, at least fifteen years of which
shall have been in the public schools of said
city, shall. If he or she desires to retire
De entitled to receive after retirement cut
OF til teachers annuity and retirement fund
an annuity of four hundred dollars per year,
If the general fund shall permit this sum
to be paid to other retired members: other
wise he or she shall receive the sauna
amount SIS Is permitted to be paid to the
other retired members
10. All annuities granted under the pro-
visions Of this act shall be exempt from
execution, attachments and garnishment pro-
cess. and no annuitant shall have the right
to transfer or assign his or her annuity
~. All elections or appointments Of
teachers by the board Of school directors or
other managing bodies 10 cities of the first
class shall be on prOba ton and after a
successful probation for four years the
election or appointment shall be permanent,
during efficiency or good behavior provided
that teachers having taught four Years or
more in cities to which this act appiies shall
be deemed to have served their term Of
probation. No teacher who has BECOME per.
manently employed as herein provided by
reason of four or more years OF continuous
service. shall be discharged except for cause
upon written charges which shall after ten
days written notice thereof to such teacher
upon such teachers written request be IN.
vestigated. heard and determined BIZ the
board of school directors whose action and
decision in the matter shall be final
IS. The term teacher in this act shall
include all superintendents, principals, su-
pervisors, and regular Instructors employed
In the public schools Of cities of the first
class, provided, however that nothing here
in contained shall be taken TO effect the
election, appointment or tenure OF tire gu
perintendent, the assistant superintendent
and special supervisors.
10. 1t at any time the general fund de-
rived from the sources hereinhefore men
toned In this act, shall be found Insult
Gent to pay In full the annuities allowed
and due under the foregoing provisions Of
this act, then the board Of school directors
shall pay into the public school teachers
annuity and retirement fund out of the
school fund assessed. levied. and collected
from the taxable property of such city for
general school purposes. sum rot to ex-
coed one per cent. Of the gross amount
thereof and fn no case exceeding 10 any
one year the amount paid into the annuity
ard retirement fund during the preceding
year by the teachers. as hereinbefore pro
vided
Section g. Laws or parts of laws Incon-
sistent with this act are hereby repealed
Section 4. This act shall take efAct ard
be 10 force from and after It's passage and