Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1909-07-14

given 10 said N4fmGacNI fund.
tbl Interest derived from said perma-
neut fund
methods OF Increment as Iaay be duty ana
legally devised Tor the increase OF said fund.
The general fund may be drawn upon for
the purposes OF this act uy said board OF
trustees
: Said board shalt have control Of the
annuity aad retirement fund and tie invest
ment thereof Investing the same only in
sueh secgrities as savings banks arr auJnor
ICED by law 10 Invest in. The board stall
receive aad consider AL applications Tor
annuity under this act shall determine tEe
amount II 4ot otherwise provided and direct
payment o. the apuutties, Whenever any
member II the board shall cease To hold
position as member OF the board ~ school
directors OF 0tner managing body or as a
teacher ia the pGblic scnOois, ais or Iei
membership In said board o. trustees saau
theec0iun cease.
-, The city treasurer shall ex oI,icio. re
lhe custodian OF said annuity and tetire.
ment fund. and snail make payments there.
frcm be shalt keep the books OF account
conceruing suca fuNd. iu such manner as
tees, which books Of account snail always
he subject 20 the inspection ol tAe board
of trustees. or any mCmttr thereof and
any contributing teacher. He shall also
Keep and traly account for all moneys prof
Its and securities coming 10 his hands ne
such treasurer belonging TO such fund. and
pay over, Surrender and deliver 10 hu, snc
eessor all moneys, prohts, securities and
description watch may be in his h8ads or
under his control as custodian Aforesaid
10 beginning wiTh tHe monthly payment
Of teachers salaries 10 November after tAe
ilrst meeting OF the board OF trustees afore
said, the card OF school directors, or other
managing oody, SHALL reserve from the sal
airy OF eaCa teacher who has come under
tae provisions OF this act, pursuant TO au-
thority heretofore giveu. and from every
monthly payment thefeG: .er, for the period
OF twenty-five years. or Until the total sum
re Is ~
two dollars. and shall pay the sums re
served into the public scaool teachers an
nnity and retirement fund as herein pro
II The city treasurer. upon the order OF
warrant os the board OF trustees shall pay
cut Of said annuity and retirement fund Ia
monthly payments, 10 each teacher who
shall retire from the service Of the city
upon the rpCommenda ton Of the board of
under The provisions OF this act. and be en-
tilted thereto, the SUN OF four hundred dol
lars annually provided, however that u
said annuity and retirement .aad shall at
any time be insufficient TO make such nav
mcnts, tile amount In said fund during said
period shall be prorated 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 or
the city 60. which tails act applies. except
as hereinhefOre provided provided, how.
ever, that should teacher who has taught
for fifteen years or more IN any such city,
become lneapacitated, 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
err six months after he has ceased active
service In the school, upon certificate Of
such ineapaclty furnished by the attending
pa%sictan and by physician employed BY
the aoard Of trustees, an annuity, the
amount OF which SHAH DO determined by the
board of trustees, AMI such annuity shall
cease when the incapt city ceases should
such incapacity becolqe permanent aud
should such teacher retire from the service
Of such city. the board OF trustees may pay
such annuity shall Sc as nearly as pTae,
ticAble. as many twenty hfths Of the fun an
nuity provided In this section as the years
OF service Of such teacher In said city are
a party Of twenty-five.
l.. All annuities granted by the board
OF trustees or other managing body under
the provisions Of this act shall be uni.
form, In amount except as otherwise pro
vded
Is. No annuity shall be paid to any
teacher until such teacher shall have con
trlbuted TO the general fund sum equal
to.wit; hvc hundred dollars, except as here
IN others Use provided. Any contributing
teacher who has taught In said city for
period OF four years or more MAJ IN as
dition 10 the monthly payments provided by
section Ave, pay into the city treasury as
part OF said funds In sums Of ten dollars
or any multiple thereof, untII the entire
sum OF 1--WE hurHred dollars Is paid by such
shall cease.
IA ANY contributing teacher who shall
retire voluntarily or involuntArily from the
service not being In receipt Of an annuity
OF being less than sixty Eve years old. shall.
II application Is made within three months
after date Of his retirement, receive the
total amount paid hlm INTO said fund
and Ia case Of the oath OF any coutribut
Ing teacher, his heirs or legatees shall be
entitled to receive the total amount paid
by such teacher into said fund, upon appli
cation therefor within three months after
the, date of death. aud upon proof OF death
aud upon said claim made 10 the satsfac
tion Of said board Of trustees.
IL Any member Of the teaching or super
vislng force who shall have attained the
age of sixty-five years and who shall have
been engaged In the work Of teaching or
supervision for period agefe eating TWEEN
tyhye years at least dfteep years OF which
shall have been Ia the public schools OF said
city. shall, IL he or she desires 10 retire,
be entitled 10 receive, after retirement, out
Of III teachers annuity and retirement fund
an annuity Of four hundred dollars per year
II the general fund shall permit this sum
to be paid 70 other retired members other
wise b. or she shall receive the same
amount as n permitted TO be paid to the
other retired tlembers.
10, All annuities granted under the nro-
visions OF this act shall be exempt from
execution. attachments and punishment pro
cess, and no arr aitant shall have the right
to transfer OF ssiyn his or her annuity.
All elections or appointments Of
teachers by the board Of school directors or
orher managing bodies IN cities Of the first
class shall be on probation. and after II
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 applies shall
be deemed to have served their term OF
proba ton. No teacher who has become per
maneDtly employed az herein provided by
reason Of four or more years Of continuous
service. shall be discharged. except for cause
upon written ehnFgez which shall after ten
days written notice thereof to such teacher
upon such teachers written request, he in
yestigated. heard and determined by the
board Of school directors, whose action and
deeislOn ia the matter shall be final
IS. The term teacher In this act shall
include all superintendent, principals, su-
pervisors and regular instructors employed
In the public schools Of cities Of the hrEt
In contained shall be taken 20 effect the
election. appointment or tenure Of the su-
perintendent, the assistant superintendent
and special supervisors
10. II at any time the general fund de-
rived from the sources hereinbesJfe men
toned In this act, shall be found insult
cient 10 pay In fun the anuuities 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 fU,i out OF the
school fund assessed. levied. and collected
from the taxable properly Of such city for
general school purposes, a yum not 10 eK.
coed one per cent. OF the gross amount
thereof and IN 40 case exceeding In any
0Tis gear the osnount paid mi the annuity
and retil lnvnt fund during the preceding
year by the teachers, as bereinbefore pro
vided.
Section g. Laws or parts Of laws incon-
slstent with this act are hereby repealed
SCI ton This act snail take effect and
be 10 force from and after It's passage and
puDileatlon;; - 80 ,aoa