§ 40-231. Forms of Benefit Payments.  


Latest version.
  • A Participant who has a right to receive a pension benefit as provided in section 40-211 (Right to Pension Benefits) shall automatically be paid the standard form of benefit payment unless a timely election is made to receive an optional form of benefit payment.

(Ord. No. 90-33, Ch. II, § 6-1, 5-21-91)