The Fund shall consist of the following:
Existing Fund. All moneys, property and investments held in the Fire and Police Disability and Retirement Fund under the provisions of the Charter of the City of Portland
, as in effect prior to the amendments effective in January 1, 2007
, and all moneys hereafter earned by or paid into the Fund in accordance with Sections 5‑103 and 7-110(5).
(b) Member Contributions. Compulsory contribution to the Fund from each FPDR One Member who, as a result of Section 5‑401, is subject to the provisions of Sections 5‑113 through 5‑123 and 5‑126 of this Chapter, set out in Article 5, amounting to seven percent of such Member's then current salary but not to exceed seven percent of the then current salary of a First Class Fire Fighter, or whatever name said position shall hereafter bear, for Members employed in the Bureau of Fire, and not to exceed seven percent of the then current salary of a First Class Police Officer, or whatever name said position shall hereafter bear, for Members employed in the Bureau of Police and the contribution required by the Supplementary Retirement Program described in subsection 5‑401(d) from Members described in that subsection.
(c) Extraordinary Amounts. All bequests, fees, gifts or other emoluments paid or given on account of any extraordinary service of any Member (except when specifically allowed to be retained by such Member by the Council.)
(d) Other Moneys. All other moneys herein made available and all other moneys which may be hereafter made available by law, including loans from the General Fund and advances from the Reserve Fund created in this Article.