§ 51.1-811. Eligibility for retirement; retirement allowance
Any member of a police department who has completed twenty years of service in the department and attained the age of fifty years may retire and receive the pension and benefits provided in this section. Upon retirement, a member shall receive a retirement allowance, payable to the member for life, equal to fifty percent of the member's annual salary, computed on the basis of the last three years of service and an additional amount equal to two percent of the member's salary for each year of service after the age of fifty and after twenty years of service in the department.
(1940, p. 738; Michie Code 1942, § 3035i; Code 1950, § 51-120; 1990, c. 832.)
Sections: Previous 51.1-804 51.1-805 51.1-806 51.1-807 51.1-808 51.1-809 51.1-810 51.1-811 51.1-812 51.1-813 51.1-814 51.1-815 51.1-816 51.1-817 51.1-818 NextLast modified: April 3, 2009