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A member, upon retirement for service as provided in subsection A of Section 2.92.220, shall receive a retirement allowance which shall consist of:

A. An annuity which shall be the actuarial equivalent of his accumulated contributions, excluding his accumulated dependent contributions unless he exercises his option as provided in Section 2.92.140, at the time of his retirement; and

B. A pension which, when added to the annuity purchased by his accumulated normal contributions, shall equal the same percentage of his final compensation for each year of current service credited to him, as his normal contributions and the contributions of the city are calculated to provide for him, upon retirement for service at the minimum age provided in subsection A of Section 2.92.220, for each year of such service; and

C. An additional pension which shall be equal to the same percentage of his final compensation for each year of prior service credited to him, the sum of his and the city’s normal contributions is calculated to provide for him, upon retirement for service at the minimum age provided in subsection A of Section 2.92.220; for each year of service as a member of the system and; provided, that if the member has been retired for disability after the effective date of the ordinance codified in this chapter; and

D. A second additional pension in such an amount as makes his retirement allowance equal to the allowance he would have received had he never retired for disability;

E. Upon the death of a retired member, two-thirds of the retirement allowance shall be continued to his widow throughout her life or until she remarries; provided, however, that she had been married to him at least one year prior to his retirement and is of the same age as the member. If the widow is of a different age than the member, then the retirement allowance which shall be so continued to her shall be the actuarial equivalent of the retirement allowance which would have been continued to her had she been the same age as the member. If there is no such widow or if any such widow dies, then the allowance which would have been paid to her had she been eligible therefor or had she continued to live, shall be paid to the legally appointed guardian of the child or children of such deceased member until such child or children dies or has attained the age of eighteen years. If payment of the allowance is terminated by reason of the remarriage of the widow or the attainment of the age of eighteen years by such child or children before the total of the monthly payments made equals the sum of the member’s contributions, with interest thereon, as of the date of his retirement, then an amount equal to the difference between the total and the sum shall be paid in one amount to his remarried widow or, if there is no such widow, to his child or children; provided, however, that such amount shall not be paid to any widow who was not married to such member at least one year prior to his retirement. (Prior code § 5.38.150)