§ 16.29-7.5. ADOPTION OF INTERNAL REVENUE CODE SECTION 401(a)(17) LIMITATIONS.

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Notwithstanding any other provision of the Charter or Administrative Code, compensation for the purpose of computing benefits and contributions for any person who becomes a member of the retirement system on or after July 1, 1996 shall be subject to the limitations set forth in Section 401(a)(17) of the Internal Revenue Code as adjusted from time to time by the Secretary of the Treasury to reflect increases in the cost of living.
(Added by Ord. 57-96, App. 2/9/96)

                    
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