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effective date hereof, from the number listed above, due to termi- <br />nation of service by such causes as death, resignation or discharge, <br />or the employment of individuals not included in said number. <br /> <br /> 4. Age 60 shall be the normal minimum age for re- <br /> <br />tirement for service, of miscellaneous members employed by public <br />agency, thst is, members other than Local Firemen and Local Police- <br /> <br />men, and one-sixtieth <br /> (,,one-sixtieth" if age is 60,' or ,one-seventieth" if age <br /> shall be the fraction of final compensation, as defined in <br /> <br /> said Retirement Law, to be provided on the average, for each year of <br /> service as a member, by the members' and Public Agency's normal <br /> contributions, upon retirement at said minimum age. <br /> 5. Benefits on account of prior service, that is, service <br /> credited hereunder as rendered to Public Agency prior to the effect- <br /> ive date of participation, to respective members employed by Public <br /> Agency as Local Firemen or Local Policemen, shall be allowed only <br /> as a percentage of the average salary specified in said Retirement <br /> Law, for each year of such service, and said percentage shall be <br /> <br /> 100 _ per cent of the fraction of final com- <br />(-such as "50," "75," "100") <br />pensation, as defined in the Btate Employees' Retirement Law, for <br /> <br />each year of service rendered after said date, as determined for <br />said respective members under said law, for retirement for service <br />at age 55, or upon qualification for service retirement at a higher <br />age. If a member retires for service before attaining age 55, his <br />prior service pension shall be reduced to that amount which the <br />value of the pension as deferred to age 55 will pumchase at the <br />actual age of retirement. <br /> <br /> <br />