b'PENSION BENEFIT PROVISIONS, CONT.TIER 1 TIER 2 TIERS 3 AND 4 TIER 5 TIER 68. Cost of Living Adjustments (COLA) (continued)iv.Nonservice-Annual adjustmentsWhile Eligible forAnnual adjustments commence on the July 1 following the effec-Connectedcommence on theService Retirement -tive dateDeath July 1 following theAnnual adjustments date the membercommence on the would have beenJuly 1 following the age 55 or 5 yearslater of the effective after the effectivedate or the date the date of the pension,member would have if earlier completed 25 years of service While Not Eligible for Service RetirementAnnual adjustments commence on the July 1 following the date the member would have completed 26 years of service or 5 years after the effective date of the survivors pension, if earlierv. Death AfterAnnual adjustments Annual adjustments commence on the July 1 following the effective dateService-commence on the ConnectedJuly 1 following the Disability date the member would have been age 55 or 5 years after the effective date of the pension, if earlier9. Member Contributions as a Percentage of Pay6%6% plus 1/2 cost of8%9%11% cost-of-living benefit No memberup to 1%No memberCity pays 1% of2% of the 11% contributionscontributionsthe 9% if the Planpension contribution required after 30No memberrequired after 30is at least 100%supports the funding years of service contributionsyears of service actuarially fundedof retiree health required after 30for pension benefitssubsidy benefits. years of service This portion will No membercease once the contributionsmember has served required after 3325 years as a Plan years of serviceMemberNo member contributions required after 33 years of service SECTION 8SUMMARY OF PLAN PROVISIONS 157'