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<br />...... <br /> <br />- <br /> <br />effecti.V"e date hereof, from the number listed r,boV"c, due to ter .:- <br /> <br />nation of r'ervice by such causes as death, resignation or disch::\1' <br /> <br />or the employment of individuals not included in said number. <br /> <br />4. Age <br /> <br />60 shall be the normal minimum age for re- <br />il"CO" or "c5" <br /> <br />tlrement for service, of miscellaneous members employed by pubU,\~ <br /> <br />ageney, that 1s, mCJ1lber.; other the.n Local Fi!.'ernen and Local Poli~' <br /> <br />men, and ene-sixtieth <br />("one-sixtieth" if r.ge j,[; 60; or "one-seventieth" if D" <br /> <br />is 65) <br /> <br />shall be the fl'c.ction of final corapense.tion, as defill'~:i <br /> <br />said Retirement La.w, to be provided on the average, for each Y('8.:: <br /> <br /> <br />service as a rJeClber, by the meubcrs' and PubJ.. ic Agency's norrael <br /> <br />contributions, upon retirement at said mini.mum age. <br /> <br />5. Benefits on account of priol" service, that is, serV'ice <br /> <br />credited r.ereunder as rer.dered to Public Agency prj.or to the eff. <br /> <br />iye date of participe.tion, to respective members employed by <br /> <br />P~J~' '1. ~ <br /> <br />Agency as Local Firemen or Local Policemen, shall be allowed <br /> <br />0-1 ~, <br />JA"~ ~ <br /> <br />as a percentage of the ~verC'.ge ssla.ry specified in said Retirer.:,::, <br /> <br />Lar., for each year of euoh servi:::c, and. said 'Percentage shall be' <br /> <br />100 pel" cent of the f::action of fim' <br />( su.ch as "50," 1175, II 11100") <br /> <br />pensation, as defined in the State Employees' Retirement Law, fo? <br /> <br />each year of service rendered after said date, as determined for <br /> <br />said respective me~bers \L~der said law, for retirement for servic <br /> <br />at age 55. or upon qualification for service retirement at a niL:'. <br />age. If a member retires for service before attaining age 55, 1.'. <br />prior service pension shell be reduced to that amount which the <br /> <br />value of the pension as deferred to age 55 will purchase at the <br />actual age of retirsDent. <br /> <br />). <br /> <br />. <br />