Title 50, MUNICIPAL CORPORATIONS

50-1505. POLICEMAN'S RETIREMENT FUND. There is hereby created a special fund in the treasury of the city to be designated and known as the policeman's retirement fund for the purpose of providing retirement pay and other benefits for paid policemen, as defined herein, becoming ag…

50-1506. APPROPRIATION OF FUND. All moneys coming into the said fund shall be continuously appropriated for the objects, uses and purposes provided herein by sections 50-1501 through 50-1524 and to pay all or any costs and expenses of administration thereof by the said board of p…

50-1507. ADMINISTRATION OF FUND. The policeman's retirement fund shall be administered by the chairman of the board of police retirement fund commissioners.

50-1508. ACTIONS BY AND AGAINST BOARD. The said board of police retirement fund commissioners shall have the power to sue or be sued in all courts of the state in all matters arising out of the administration, management and enforcement of the provisions of sections 50-1501 throu…

50-1509. EMPLOYEES OF BOARD. The said board of police retirement fund commissioners shall have power to engage assistants, experts, accountants, clerks and other employees which may be found necessary to carry out the provisions of sections 50-1501 through 50-1524, the same to be…

50-1510. PERSONAL LIABILITY OF BOARD MEMBERS OR THEIR EMPLOYEES. The board of police retirement fund commissioners shall not, nor shall any person employed by any commissioners, be personally liable in his private capacity for or on account of any act performed or entered into in…

50-1511. AUDIT OF CLAIMS. All claims against said fund shall be examined, audited and allowed in the manner now provided or hereafter provided for by law for claims against any city.

50-1512. TAX LEVY -- SALARY DEDUCTIONS. Any city having established a policeman's retirement fund may levy a tax of not to exceed eight hundredths per cent (.08%) of market value for assessment purposes of property within the corporate limits of the city, except where pursuant to…

50-1513. CHAIRMAN OF BOARD -- SECRETARIES -- REPORTS. The mayor of the city shall be ex-officio chairman of the board of police retirement fund commissioners and the members of the board shall elect the other necessary officers. The secretary of the board shall make a semiannual …

50-1514. RETIREMENT OF POLICEMEN -- RETIREMENT BENEFITS -- LEAVE OF ABSENCE. (a) Whenever any person shall have been duly appointed, selected and sworn in as a member in any capacity or rank whatsoever of a regularly constituted police department of the city which may hereafter b…

50-1515. RESIGNATION OF POLICEMEN -- REFUND OF DEDUCTIONS. A policeman who has been employed by a regularly constituted police department for a period of less than five (5) continuous years shall, upon termination of such employment, and upon application to the board of police re…

50-1516. RETIREMENT FOR DISABILITY -- DEATH BENEFITS -- FUNERAL BENEFITS. No person shall be retired as provided in the above sections unless the member shall comply with the qualifications set out and provided by this chapter: (a) Any paid police member incapacitated by injury o…

50-1517. BENEFITS EXEMPT FROM LEGAL PROCESS. No benefits or payments payable under the provisions of sections 50-1501 through 50-1524 shall be subject to execution, nor assignable, nor shall be hypothecated or in any manner encumbered.

50-1518. CONSTRUCTION OF STATUTE. The provisions of this chapter shall be liberally construed, with the object of promotion of justice and the welfare of the persons subject to its provisions.

50-1519. ROTARY EXPENSE FUND. The provisions of sections 67-2018, 67-2019, 67-2020 and 67-2021, Idaho Code, are hereby expressly declared applicable to the provisions of sections 50-1501 through 50-1524.

50-1520. INSURANCE OF RISKS. In event the board of police retirement fund commissioners shall determine that there are risks arising under the terms of sections 50-1501 through 50-1524 which may be made the subject of insurance against loss to the fund created herein, said commis…

50-1521. APPLICATION OF STATUTE. No paid policeman shall be retired under section 50-1514 prior to January 1, 1950, unless he shall be discharged from service because of his incapacity in a degree which prohibits efficient service as defined in subdivision (h) of section 50-1502.…

50-1522. SEPARABILITY. If any clause, section or provision of sections 50-1501 through 50-1524 be found to be unconstitutional, the remainder of sections 50-1501 through 50-1524 shall remain in full force and effect, notwithstanding such invalidity.

50-1523. FALSE CLAIMS -- PENALTY. Any person making a false claim for allowance of benefits or payment of money under sections 50-1501 through 50-1524, knowing the same to be false, shall be deemed guilty of presentation of a false claim against the state and shall be punished as…

50-1524. AUTHORITY TO CREATE POLICEMAN'S RETIREMENT FUND TERMINATED. From and after the effective date of this act, no city shall establish a policeman's retirement fund: provided, however, that any policeman's retirement fund, established under the provisions of sections 50-1501…

50-1525. MANDATORY ACTUARIAL STUDY. Any city establishing and maintaining a policeman's retirement fund pursuant to the provisions of this chapter shall, at its own expense, conduct an actuarial study for the purpose of determining the actuarial soundness of such fund. Commencing…

50-1526. MAKING A FALSE CLAIM -- MISDEMEANOR. Any person making a false claim for allowance of benefits or payment of money under the provisions of this chapter, knowing the same to be false, shall be guilty of a misdemeanor, and shall be punished pursuant to the provisions of se…