2022 District of Columbia Code
Title 1 - Government Organization
Chapter 9 - Police Officers, Fire Fighters, and Teachers Retirement Benefit Replacement Plan
Subchapter II - Retirement Funds
§ 1–903.04. Payments from retirement funds

Universal Citation: DC Code § 1–903.04 (2022)
§ 1–903.04. Payments from retirement funds.

(a) The Retirement Board shall determine the amount of any payments for annuities or other retirement or disability benefits (including refunds and lump-sum payments) required to be made from the trust assets of the Police Officers and Fire Fighters’ Retirement Fund or the Teachers’ Retirement Fund. The Retirement Board shall make the payments from the appropriate fund.

(b) Once authorized pursuant to the appropriation process, the Retirement Board may make payments from the Funds sufficient to cover the cost of the management of the assets and the reasonable and necessary administrative expenses of the Retirement Board, including trustee and staff compensation, and liability insurance.

(Sept. 18, 1998, D.C. Law 12-152, § 114, 45 DCR 4045; Apr. 13, 2005, D.C. Law 15-354, § 4(a), 52 DCR 2638; Apr. 7, 2006, D.C. Law 16-91, § 126, 52 DCR 10637.)

Prior Codifications

1981 Ed., § 1-782.4.

Effect of Amendments

D.C. Law 15-354, in subsec. (a), substituted “The Retirement Board shall determine the amount of” for “The Mayor shall notify the Retirement Board”.

D.C. Law 16-91, in par. (a), validated a previously made technical correction.

Editor's Notes

Application of Law 12-152: See Historical and Statutory Notes following § 1-901.01.

Disclaimer: These codes may not be the most recent version. District of Columbia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.