The daily monitor. (Mount Clemens, Mich.) 1940-1942, 1941-03-29

tons to the Retirement Fund that are
hereinafter required.
The Board shall promptly remove and
strike from said official list the name
Of any person who, other than m &C
BY the City ye Commission while an an Of.
ficially recorded member hereunder,
has ceased to be in the employ of his
department, and shall similarly remove
and strike from said official list the
name of any member who has been
duly placed on the list Of retired men,
bers. and in all cases shall promptly
make and maintain q dated record OF
action taken by it In pursuance Of this
paragraph.
Section SOL.
The provisions Of this Amendment
shall In no case apply to specially ap-
pointed or volunteer firemen OF police
men nor to police matron or matrons.
The Chief of Police and the Fire Chief,
and any regularly appointed police e,
their respective departments within the
meaning and purposes Of this Amend
ment provided application for inclusion
of their names on such official list II
made by such persons in accordance
with the terms Of Section 800 hereof.
Section 302.
duly established and remains recorded
in accordance with Section 800 hereof,
shall pay into the hereby created Re-
,tirement Fund four per cent (4%) ro1
his yearly salary in monthly payments,
and each member who has been placed
on the retired list shall pay into such
Fund one per cent u%) Of his yearly
Each widow receiving retirement sal
airy in accordance with the terms Of
this Amendment shall likewise pay into
such Fund one per cent (1%) OF her
yearly retirement salary In monthly
payments. All unclaimed money, the
proceeds arising from the sale Of un.
claimed property, all fines imposed upon
Fire Department for violation Of rules
all rewards and proceeds Of gifts and
emoluments, which may be given by
any person or persons to any member
of either of said departments on &C.
county of extraordinary service, unless
such reward. gifts. or emolument u
allowed by the Retirement Board to be
retained BY the member receiving It,
and the net proceeds Of all public en-
tertainments and public money-raising
activities that are presented or Spon-
sored by either or both Of said depart
ments, shall be paid into and become
q part of said Retirement Fund. Such
Fund shall be kept, deposited Tin de-
pository to be designated from time TO
time by the Retirement Board) and
disbursed by the City Treasurer separ.
ate and apart from other municipal
funds and all payments into such Fund
by members Irregular or retired) and
widows as herein provided shall be
made to the City Treasurer by deduc-
ton from regular or retirement salar-
les as the case may be. It shall be the
duty of said Retirement Board to pro-
vide that q proper and adequate fidel-
ity bond. naming the City-Treasurer -
principal and the City Of Mount Glenn
ems as obligee, protects the aforesaid
Retirement Fund at all times. The cost
of such bond, together with such costs
and expenses as may be incurred by
said Retirement Board in and about the
administration of this Amendment, shall
be paid out of said Retirement Fund
by the City Treasurer on order OF said
Board. The members Of said Board
shall in no event receive any compen-
sation for services rendered by them
IN pursuance of the terms OF this
Amendment.
Section 303.
For the purpose OF augmenting and
maintaining such Retirement Fund on
q sufficient actuarial basis, the City
of Mount Clemens may, In the event u
Is deemed necessary. cause 70 be lev
led an annual tax of three-tenths mills
on all property taxable by IL, oil u
said taxes 20 levied and collected here.
under to be payable to the City Treas.
urer and by him to be paid into said
Retirement Fund. The tax herein ~.
thorixed to be levied shall be IN addj-