There was heretofore created a Board of Trustees of the Firemen's
Relief and Pension Fund of the city, with membership, organization,
powers, duties, and functions as prescribed by Title 11, 1991 O.S.,
Section 49-103, and as may be provided by any later laws relating
to the board. Said Board of Trustees shall continue in full force
and effect.
The Firemen's Relief and Pension Fund shall be operated in accordance
with state law relating to the funds, and pensions and other benefits
shall be paid as provided by state law.
1.
Commencing on January 1, 1975, the Treasurer of the City of Weatherford,
shall deduct each pay period from the salary or wages of each paid
member of the Fire Department a percentage amount, set by the Statutes
of the State of Oklahoma, of the salary or wages paid members of the
Fire Department. The amount so deducted shall be deposited each month
by the Treasurer in the Firemen's Relief and Pension Fund.
2.
The Treasurer of the City of Weatherford, shall deposit monthly from
the general fund of the City of Weatherford into the Firemen's Relief
and Pension Fund commencing on January 1, 1975, a percentage amount,
set by the Statutes of the State of Oklahoma, of the total salaries
or wages paid members of the Fire Department.
