§ 58-86-60. Payments in lump sums.
§ 58‑86‑60. Payments in lump sums.
The board shall direct paymentin lump sums from the fund in the following cases:
(1) To any fireman orrescue squad worker upon the attaining of the age of 55 years, who, for anyreason, is not qualified to receive the monthly retirement pension and who wasenrolled as a member of the fund, an amount equal to the amount paid into thefund by him. This provision shall not be construed to preclude any activefireman or rescue squad worker from completing the requisite number of years ofactive service after attaining the age of 55 years necessary to entitle him tothe pension.
(2) If any fireman orrescue squad worker dies before attaining the age at which a pension is payableto him under the provisions of this Article, there shall be paid to his widow,or if there be no widow, to the person responsible for his child or children,or if there be no widow or children, then to his heirs at law as may bedetermined by the board or to his estate, if it is administered and there areno heirs, an amount equal to the amount paid into the member's separate accountby or on behalf of the said fireman or rescue squad worker.
(3) If any fireman orrescue squad worker dies after beginning to receive the pension payable to himby this Article, and before receiving an amount equal to the amount paid intothe fund by him, there shall be paid to his widow, or if there be no widow,then to the person responsible for his child or children, or if there be nowidow or children, then to his heirs at law as may be determined by the boardor to his estate, if it is administered and there are no heirs, an amount equalto the difference between the amount paid into the member's separate account byor on behalf of the said fireman or rescue squad worker and the amount receivedby him as a pensioner.
(4) Any member with fiveor more years of contributing service and who withdraws from the fund shall,upon proper application, be paid all moneys without accumulated earnings on thepayments after the time they were made. If any member who has less than fiveyears of contributing service made contributions, or any person, firm,corporation, or other entity has made contributions on behalf of that memberand that member withdraws from the fund, the member, person, firm, corporation,or other entity shall be entitled to a refund equal to the amount ofcontributions made by them after the Board has been notified of thecontributor's desire to be refunded its contributions upon the member'swithdrawal. (1957,c. 1420, s. 1; 1959, c. 1212, s. 1; 1977, c. 926, s. 2; 1981, c. 1029, s. 1;1987, c. 667, s. 1; 2009‑66, s. 2(h); 2009‑365, s. 1.)