Disabled Only As A Firefighter. For employees found to be only disabled from service as a member of the Department, the benefit shall be fifty percent (50%) of the annual salary at the time of the employee’s retirement date. The benefit shall be paid monthly for the period of disability and shall be adjusted annually by a non-compounding COLA of two percent (2%) beginning on January 1 immediately following the employee’s retirement.
Appears in 2 contracts
Samples: Introduction, Introduction
Disabled Only As A Firefighter. For employees found to be only disabled from service as a member of the Department, the benefit shall be fifty percent (50%) of the employee’s annual salary at the time of the employee’s retirement datedate and calculated as set forth in the second paragraph of Section 3(C)(i) of this Article. The benefit shall be paid monthly for the period of disability and shall be adjusted annually by a non-compounding COLA of two percent (2%) beginning on January 1 immediately following the employee’s retirement.
Appears in 2 contracts
Samples: Introduction, Introduction
