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Section 42 Pension -10 Years in Association - 20 Years Roseville Fire Department Anyone who has been a member of this Association for at least ten (10) years and who has served twenty (20) years in the Roseville Fire Department and who has reached the age of fifty (50) years, may make application to the Board of Trustees for a service pension and receive the service pension hereafter set out, providing the application therefor is received by the Board of Trustees not later than sixty (60) days after the applicant retired from service. This service pension may be increased or decreased by the Board of Trustees from time to time within the limits set herein and in accordance with Minnesota law and the provisions of these Bylaws. The applicant for such service pension shall release this Association from any and all claims and payment of benefits except the sum established for such pension. Neither said years of service nor said years of inembership need be consecutive; however, time while on leave of absence and time under suspension shall not be included in determining total time preconditions for pension benefits. Upon the death of such Pensioner, the Surviving Spouse shall continue to receive the service pension so long as the spouse does not remarry. In the event that such Pensioner does not leave a surviving spouse, then the balance of the service pension benefits to which such Pensioner was entitled shall be payable as limited herein to the surviving minor child or pro rata to the surviving minor children. The Pension benefits payable to such surviving minor child or minor children in the event that there was no Surviving Spouse of the deceased shall continue during said child or children's minority. The Board of Trustees when acting as the Board of Trustees, is hereby authorized to direct payment of said service pension provided that all qualifications are met as set forth herein. All applications for benefits must include a certified copy of the death certificate of the pensioner. Section 42A Post-Retirement Increases Whenever the amount of the service pension per year of service credit is increased for active members of the Association upon their qualification therefor, the amount of the service pension payable to each Pensioner or other retirement benefit recipient receiving a service pension as of January 1, 1980 and thereafter, may be increased by the same amount per year of service credit. Section 43 Monthly Service Pension The monthly service pension payable to an eligible retiring member shall be equal to the Maximum Service Pension determined by reference to Minnesota Statutes §424A.02 Subd. 3 based upon the average amount of available financing per active covered firefighter determined on or before August 1 st of each year as provided by Section 25 herein. Payment of all service pensions (monthly, lump-sum and deferred) shall commence on the First (15t) day of the month next following approval of the application by the Board of Trustees . Payment shall terminate on the latter of (a) the date of death of the Pensioner, or (b) the date of death or remarriage of the Surviving Spouse; or (c) when no child or children of the Pensioner are minors. 10