[Adopted 7-23-1971]
Pursuant to the provisions of the Borough Code,
Section 1105,[1] as last amended, full-time appointees and full-time employees
(excluding those presently covered by municipal pension, but including
firemen who retired on or subsequent to March 1, 1971, without pension
coverage) of not less than 65 years of age, upon cessation of service
and while this Article remains in effect, shall be paid compensation
not in excess of $25 per month, as may be determined from time to
time by the Borough Council of Kingston, Pennsylvania, which payments
shall be made out of the general borough fund; provided, however,
that nothing herein shall preclude any appointee or employee from
joining in any pension system or municipal retirement system that
the borough may adopt.
[1]
Editor's Note: See 53 P.S. § 46105.
The formula of payment adopted by the borough
shall be as follows:
A.Â
Ten-year man (minimum retirement age 65) at $2 per
year: $20 per month.
B.Â
Eleven-year man (minimum retirement age 65) at $2
per year: $22 per month.
C.Â
Twelve-year man (minimum retirement age 65) $2 per
year: $24 per month.
D.Â
Thirteen-year man (minimum retirement age 65), maximum:
$25 per month.
