District of Columbia Policeman and Firemen's Retirement and Disability Fund Act

[AI summary unavailable — showing source text] District of Columbia Policemen and Firemen's Retirement and Disability Fund Act - Establishes a Policemen and Firemen's Retirement and Disability Fund. Provides that, except as provided for in this Act, appropriations to the retirement fund are available solely for the payment of refunds and retirement and death benefits to officers and members of the Metropolitan Police force and of the Fire Department of the District of Columbia and their eligible survivors. Sets forth the duties and functions of a Board of Trustees of the Fund. Provides for the membership of such Board. Provides for employee contributions to the Fund. Requires the District government to include in its annual budget payments to the fund which, when considered in addition to employee contributions made pursuant to this Act, shall be sufficient to assure funding on a normal cost standard basis for all benefits accruing on or after July 1, 1975. Provides that a component of the amount included in the District of Columbia budget with respect to the funding of such benefits shall be a "normal cost contribution." Provides that, on the basis of regular interest and of such mortality and other actuarial assumptions as sh…