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(a) Right to amend. The city council reserves the right to amend this plan at any time, subject to the limitations of subsection 102-140(b). No amendment shall decrease the then vested interest of any participant.

(b) Restrictions. No amendment shall reduce the retirement benefit below that which has been determined actuarially to be sufficiently funded at the time of amendment, except in the case of complete termination of the plan, nor shall any amendment deny any participant the right to receive the return of the participant's contribution accumulation and vested city contributions upon death or termination of employment. No amendment shall cause any part of the trust to be used for, or diverted to, any purpose other than the exclusive benefit of participants included in the plan or permit reversion of any part of the trust to the city except as provided in subsection 102-152(d). (Code 1979, § 15-57; Ord. No. 97-77, § 9, 1-5-1998; Ord. No. 96-38, § 8, 10-7-1996)