Section 13-541. Termination of membership; resignation, transfer or dismissal  


Latest version.
  • Withdrawals from  the  retirement  association  shall  be  by  resignation,  by  transfer, or by dismissal. Should a contributor resign
      from the position by virtue of which he or she is  a  contributor  under
      the  provisions  of this chapter, or should he or she, upon transferring
      from such a position to another position in the  city-service,  fail  to
      become  a  transferred-contributor as provided in section 13-523 of this
      chapter, his or her membership in such association shall cease except as
      provided in section 13-556 of this code and he  or  she  shall  be  paid
      forthwith  the full amount of the accumulated deductions standing to the
      credit of his or her individual account in the annuity savings fund.
     
        * NB Amended Ch. 854/85 § 1, language juxtaposed per Ch. 907/85 § 14