A. The City may terminate the program or any plan within the program or freeze the program or any plan within the program as to new participants or new contributions.

B. The City may amend the provisions of this ordinance at any time; provided, however, that no amendment shall affect the rights of participants or their beneficiaries to the receipt of payment of benefits, to the extent of compensation deferred before the time of the amendment. (Ord. No. G-4634, § 3, 2004)