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event of a conflict between the provisions for making an election, notification or designation set forth in the DROP and such new administrative procedures, those new administrative procedures shall prevail. 2) Each Member or Retiree who has a DROP Account shall be responsible for furnishing the Board with his current address and any subsequent changes in his address. Any notice required to be given Page 52 of53 Pages to a Member or Retiree hereunder shall be deemed given if directed to him at the last such address given to the Board and mailed by registered or certified United States mail. If any check mailed by registered or certified United States mail to such address is returned, mailing of checks will be suspended until such time as the Member or Retiree notifies the Board of his address. F. Benefits Not Guaranteed. All benefits payable to a Member from the DROP shall be paid only from the assets of the Member's DROP Account and neither the City nor the Board shall have any duty or liability to furnish the DROP with any funds, securities or other assets except to the extent required by any applicable law. G. Construction. 1) The DROP shall be construed, regulated and administered under the laws of Florida, except where other applicable law controls. 2) The titles and headings of the subsections in this Section 2$ 9 are for convenience only. In the case of ambiguity or inconsistency, the text rather than the titles or headings shall control. H. Forfeiture of Retirement Benefits. Nothing in this Section shall be construed to remove DROP participants from the application of any forfeiture provisions applicable to the Plan. DROP participants shall be subject to forfeiture of all retirement benefits, including DROP benefits. Effect of DROP Participation on Employment. Participation in the DROP is not a guarantee of employment and DROP participants shall be subject to the same employment standards and policies that are applicable to employees who are not DROP participants. ksh\ fwb \6re \0 I - I 1 - 1 1. ord Page 53 of 53 Pages Legs) 0410 I CITY OF FORT WALTON BEACH,, FLORIDA CE OF NOTIHEARINGBLIC CITY OF FORT WALTON BEACH, FLORIDA NOTICE OF PUBLIC HEARING A PUBLIC ' HEARING will be held on the fQl- A PUBLIC HEARING will be held on the following proposed ordinance at 6:00 p. rr nan ce atr600ep.M. on e 1 in Fth c i i Tuesday, February 22, 2011, in the Council Chamber at Fort Walton Beach City 01, u Chamber at 107 Miracle Strip Parkway, SW, at which time the City Council will consider its adol ' cry Hai;n into law. The ordinance in its entirety may be inspected at the Office of the City C 107 Miracle Strip Park- way, SW, at which time during regular working hours. All interested parties may appear at the meeting an( the will City Council its adoption consider heard with respect to this proposed ordinance. into law. The ordinance in , its entirety may be inspected at ' the Office ORD. 1837 of the City Clerk during regular working hours. interested parties All appear . at the AN ORDINANCE OF THE CITY OF FORT WALTON BEACH AMENDING THE C may meeting and be heard OF FORT WALTON BEACH MUNICIPAL FIREFIGHTERS' PENSION TRUST FUI with respect to this pro- p° Sed ordinance. ADOPTED BY ORDINANCE 1174, AS SUBSEQUENTLY AMENDED; PROVIDI , ORD. 1837 FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES AN ORDINANCE OF CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. THE CITY OF FORT WALTON BEACH Any person who decides to appeal any decision made with respect to any ma OF C"FOR T WALTON MUNICIPAL considered at such hearing ill need a record of the proceedings, p g and for such P ur P i ' FIREFIGHTERS' PEN - TRUST FUND; ma Y need to ensure that a verbatim record of the proceedings p g is made, which rec SION - ADOPT4D BY ORDI- 1174, AS includes the testimony and evidence upon which the appeal is to be ba: NANCE U. PROVID- FS286. 0105). AMENDED SEVERA- ING FOR BILITY OF: PROVI- SION ; REPEALING The City of Fort Walton Beach adheres to the Americans with Disabilities Act and ALL HERE - make reasonable modifications for access to this meeting upon request. Please call WITH; AND PROVID- CONFLICT City Clerk, Helen Spencer at 850 -833 -9509 to make a request. For Hearing Impair ING AN EFFECTIVE DATE. dial City Hall TDD 850 -833 -9925 or 1- 800 -955 -8771 ( TDD) or 1- 800 -955 -8770 (VOIC Requests must be received at least 48 hours in advance of the meeting in order to all Any cides person to appealwho any. de- de- clsion made with ` re- the City time to provide requested service. s act to any matter considered at

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