Municipal general member coverage plan 1; amount of

pension; form of payment A. Under municipal general member coverage plan 1, the amount of pension under form of payment A is equal to two percent of the final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary. History: Laws 1987, ch. 253, § 46; 2013, ch. 225, § 32; 2023, ch. 53, § 4.