een credited thereto between the date of such termination of employment and the date of the filing of such election and thereafter, regular interest shall, until the former Member be paid a pension, be credited thereto in the same manner as Tier 5 Plan Members’ individual accounts shall be credited. In the event that any such person should die before being paid a pension, the only benefit which shall be paid under the provisions of this Tier 5 is the payment of the former Member’s accumulated contributions, including interest credited thereto, to such persons as may be entitled thereto. Failure to file such an election within three years shall constitute an irrevocable decision not to take the service retirement benefits herein provided. (c) This section intentionally left blank. (d) Pension Amount. The minimum service pension payable pursuant to the provisions of this section shall be paid monthly for life in an amount which shall be equal to 50% of Final Average Salary at age 50 with 20 years of service. For each additional Year of Service after 20 years, an amount of 3% of Final Average Salary shall be provided per such year of service, with the exception of the 30th year, in which 4% shall be provided. The maximum percentage of Final Average Salary payable, regardless of length of service, shall be 90% of Final Average Salary. SECTION HISTORY Added by Ord. No. 174,367, Eff. 12-19-01.