The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1909-07-15


given 10 said permanent fund
(hl Interest derived from said perms
uent fund,
tcD All moneys obtained 10y sach other
methods Of increment as may be duly nod
legally devised for the increase of said fund
fhe general fund may be drawn upon Tor
the purposes of this act by said board OF
trustees.
& said board shall have control of the
annuity ana retirement fund aud the invest
ulent thereof investing the same only ia
sucu securities IA savings BANKS are author
tzed by law 10 Invest IN. The board shall
receive and consider al applications for
annuity under this act, SHAH determine the
amount " not otherwise provided aud direct
payment of the annuIties. Whenever any
mri'JCF OF the board snail cease 10 hoid
position as a member Of the board or school
drecip3s or OtAcr managing body or a. 4
teacher In the public SCHOOLS AIS or her
membership In said board OF trustees shalI
tnGreupou cease.
s. The city treasurer shall ofbcio. be-
the custodian Of said annuity and retire
meat fund. 0ul shall mike payments iAer"
from he shall keep the boOks OF account
concerning such tund, IN such manaer as
may be prescribed by said hoard VI trus.
tees, which books 81 account saaii always
he subject to the inspection OF the board
Of trustees, or any tprhher thereof apo
any contributing teacher He shall also
keep and ttuly account for all moneys, pFni
It's and securities coming To MS hnnds rs
such treasurer, belonging 10 such fund. aud
at the expiration OF his term of office shall
pay over, surrender anu deliver TO uls soc
~
other property OF whatever Kind. t"Fe. or
description watch may De IN his hands or
uuder his control as custOiiag aforesaid.
IL. EcglhsinG with the monthly payment
OF teachers salaries in November, after tue
first meeting Of the board Of trustees atore
sa!d, the board uf schuui directors or other
managing body, shall reserve from the sal
AIRY of each teacher who has come under
tne prov sious Of tuis act. pursuant 10 AZ
thOrity heretofore given, aHd from every
uI0'Liy payment thereafter, for the period
Of five hundred dollars is paid the gum Of
two dollars. and shall pay the SONS 80 re
served mo the public 7Chool teaC crs' an
yidcd.
If The city treasurer. upon The order ~
warrRHt Of the board NJ trustees shall pay
out Of said aunuijy aud retirement fund ia
mon, hiy pH}meHts, 70 eacn trncner who
shall retire from the service " the city
upon the recommendation Of the board Of
trustees determined ny ma iNrity vote and
urt'ri ipG pros slDns If this act. and be en-
tiF3 thereto, the sum Of four hundred dot
lars Annually: provided however, that II
SAIL unnuity Nud retirement fNnd shall Mt
ANY tim" be insufficient 10 tIHio such pay
meutS tuc amount IN said tuud duriug said
period shall bp pro rnted among tue pnr-
Ties entitled thereto, but In no case snail
any teacher receive such annuity until he
has taught twenty Eve years. and for at
least Gittpa years In IA" public schools IT
the city 10 which This act app ties, EXCEPT
as her"nhetore provided provided. how
ever that sl"H'd teacher WAC has tnught
Tor HilGeN Years OF uluf" III U1y SuCU cay,
become lnc1nacltatrd, having phld the
amount OF 6ftgen years contributions or
more, as herein provide ihe board Of trEs.
tees may, in it, discretion allow such teach
er, six mouths nfter hc has ceased active
service IN the school upon a certificate Of
such iucapaclty furnished by the attending
Physician and by o physician employed by
The board of trustees. nm Annuity the
amount of which stall ne deterin'ned by the
board of trustees, nnd such annuity shall
cease when th" in"Hnacity coHsrs should
should such teacher retire from the service
of such city, the board uf trustees may pay
70 suc1 teacher progortiopate annuity,
Such aunuity shall 10 as nearly az prac-
t'cahie. ms many twenty ffths Of the fDll an.
unity provided In This section "a the years
of service Of such trHrher W said city hre
party II twenty five.
L. All anuriies grantpd by the board
Of trustees or other managing body under
the provisions Of ibis act. SKULL he uni
form IN amount except IA otherwise pro.
yIded
~ No annuity shall be paid go any
teacher until suCh teacher shall have con
a. nj the assessments FOR twenty five years,
tp.wit: Eve hundred dollars except as here.
In otherwise provided Any contributing
teacher who has taught IN said city for
l"r'ud of four .oHra ar more may IN al.
dillon ru ~" monthly payments provided by
section tive pay into the city treas ~ ne
part Of snid funds IN s,tms " ten dol'ar.
~ amy multiple thereof. until the entire
sum Of ave hundred dollars ia paid hy surh
teacher, wher"upon all munIhy payments
shnll cease.
"a ANY contributing teacher WHO shall
retire voluntarily or invOluntaruy FROM the
service not being In receipt Of an auuuity
or being less than sixty hy" yeHrs Did snail.
If Application is made within three months
after date NJ his retirement receive the
total amount paid by him into sni1 fund,
aud In case OF III" death of any Coutrlbut-
ing tencher, his heirs or lerrtees shan he
, entitled to receive the total amount paid
by such teacher into said fund. Upon appl,
cation therefor within three mouths after
the date Of death. nnd ttpOn proof Of dea IA
and upon said claim made t0 the sattsfnr-
tlpn ~ said hunrd Of trustees
-. Any member ~ the teaching or super.
vlslnR force who shall nave attninnG the
%" 81 sixty five years aud who snail have
been engaged IN the work Of teaching or
.eutorvlsion for period aggregatng tween
~ nv" years, NJ least fifteen yenrs Of which
shnll have been Ia the public schools Of said
city, sHnll, II hr or she desires to retire,
be entitled 10 receive, nftrr retirement. ont
Of th teachers annuity and retirement fund
~ annuity of four hundred dollars per year
II the general fund shall permit this sum
TO ~ paid to other retired members; Other
Wise he or she ahali receive the sams
amount as II permitted to be paid TO tha
other ret rod members
10 All annHIt,"s granted under the nro.
visions Of this net shall he exempt from
ey"cutlnN. attachments a nd garntshment pro.
cegs, and no annutant shah hove the right
90 transfer or assign his or her nnnuIty.
~. M elections or appointments Of
HTh90l directors
other managing bodies IN cities of the nrst
cless snnlt be on probation. and after a
auccesaful probation for four vpnrs TIE
election or appointment shan be permanent,
during efficiency or good behA provided
that teachers having taught four years or
more In cities to which this act snni'es shal
hr deemed TO have served their term Uf
probation. No teacher who hHs become per
m9nently employed rs herein provided by
reason Of four or more yrars Of continuous
service, shall he discharged except for cauqe
upon written rtar"es witch shall after ten
dnys written notice thereof to such teacher
upon such tenctrr's written request he In.
vestlqated, heard and determined by the
board Of school directors. whose action and
decision In tn" matter shall be luaI
Is. The term teacher In this net shall
IN 'ide all supcriutendents, principals, sn.
gcryisors, md regular Instructors employ I'd
IN The publ schools or cities Of The hrst
class. provided, however that nothing here
In contained shall be taken 10 eject ths
election, appointment or tenure OF the su-
perntendsut, the ass,stiut superintendent
aau special supervisors
10 II AZ any time the general fund de-
rived from the sources herelnhefore mcn
tioued lu this act, shall be found iuauA
cient to pay Ia full the ahuuitiss allowed
snd due under the foregoing provisions OF
this act theo tne board VI school directors
shall pay iutu toe public school trarhcrs'
annuity aud retirement fund out Of me
school fund assessed. levied, and collected
from the taxable property OF such city for
genera school purposes, not 10
coed per cant of the grOSp amount
thereof add In no case exceeding la any
one year the amount paid into The annuity
and retirement fund during the preceding
year by the tsacnerr. az her,inbetore pro
vided
section 3 Laws or parts Of laws tncon
sistent with this act are hereby repealed
Section 1 THIS act shali tske srrCt and
he I'm force from and AFTER Its pas.age and
puhIiCa lion.
Annrovea June ia ipGn