Sec. 11-235. - Requirements for service retirement.

(a)

Effective November 1, 1975 a member may retire on a service retirement annuity, at his option:

(1)

On or after attainment of age 55 years and having at least 20 years of credited service;

(2)

On attainment of 60 years and having at least ten years of credited service; or

(3)

On completion of 24 or more years of credited service, regardless of age.

(b)

Any member shall be subject to compulsory retirement upon attainment of age 62.

(Rev. Ords. 1987, § 11-235; Ch. 692, § I, 12-19-17)