Pension 
allowances 
eont’d 
10 
service, shall be paid, upon retirement, an annual pen- 
sion of twenty-five per cent. of his or her average 
annual salary for the last three years of his or her 
employment, computed on the basis of his or her con- 
tributions to the Pension Fund during such three years, 
with an increase of one per cent. for each additional 
year of service up to the twenty-fifth year. Such pen- 
sion shall be paid, however, only for such period as 
will equal his or her term of service. The minimum 
pension to be paid to any such subscriber shall be $15 
per month. 
(c) A male subscribing employee who shall reach 
the age of sixty-five years, or a female subscribing 
employee who shall reach the age of sixty years, and 
shall retire, in either case, after twenty years of con- 
tinuous service, shall be paid, upon retirement, an 
annual pension of thirty-three and one-third per cent. 
of his or her average annual salary for the last three 
years of his or her employment, computed on the basis 
of his or her contributions to the Pension Fund during 
such three years, with an increase of one per cent. for 
each additional year of service up to the twenty-fifth 
year. Such pension shall be paid, however, only for 
such period as will equal his or her term of service. 
The minimum pension to be paid to any such subscriber 
shall be $25 per month. 
(d) A male subscribing employee who shall reach 
the age of sixty years, or a female subscribing em- 
ployee who shall reach the age of fifty-five years, and 
shall retire, in either case, after twenty-five years of 
continuous service, shall be paid, upon retirement, an 
annual pension of thirty-three and one-third per cent. 
of his or her average annual salary for the last three 
years of his or her employment, computed on the basis 
of his or her contributions to the Pension Fund during 
such three years, with an increase of one per cent. for 
each additional year of service up to the thirtieth year. 
Such pension shall be paid, however, only for such 
