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RETIRED POLICEMEN & FIREMEN OF CITY OF LINCOLN PARK v. CITY OF LINCOLN PARK

Docket No. 2,036.

6 Mich. App. 372 (1967)

149 N.W.2d 206

RETIRED POLICEMEN & FIREMEN OF THE CITY OF LINCOLN PARK v. CITY OF LINCOLN PARK.

Michigan Court of Appeals.

Leave to appeal denied July 25, 1967.

Attorney(s) appearing for the Case

James Thomson, for plaintiffs.

Robert E. Butcher, City Attorney, for defendant.

HOLBROOK, J.

By charter amendment dated July 1, 1943, a pension plan known as the city of Lincoln Park policemen's and firemen's retirement system was created for the benefit of retired policemen and firemen of the city of Lincoln Park, Michigan. The benefits payable to each retiree under this plan were computed by means of a formula which consisted of a fixed fraction (1/50) of the employee's earnable compensation multiplied by the employee's number of years of service...

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