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Session Laws, 1937
Volume 412, Page 1023   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 1023

attendance of witnesses and the production of papers, under
summons, subpoena or other process, before said Board when
considered necessary for the proper administration and en-
forcement of this Article or of the regulations adopted pur-
suant thereto; and for this purpose the said Board, or any
member thereof, shall have the right to administer oaths to
such witnesses.

2. The Board of Trustees shall elect one of its members as
Chairman and the State Employment Commissioner shall be
the Secretary. It shall be the duty of the Secretary to keep a
record of all the proceedings of the Board, to keep and main-
tain a list of all employees of the State who may be retired
under the provisions of this Article, to prepare semi-monthly
payrolls of such retired employees and forward same to the
Comptroller for payment, in accordance with such rules and
regulations as said Board may prescribe.

The said Board of Trustees shall be vested with all the
powers necessary and proper to enable it to carry out fully
and effectually all the purposes hereof. A majority of said
Board shall constitute a quorum for the transaction of any
business, the exercise of any power, or the performance of any
duty authorized or imposed by this Article.

The said Board may hold hearings when deemed necessary
in the performance of its duty, the hearings to be governed
by the rules and regulations of the Board and the Board shall
not be bound by technical rules of evidence.

The said Board shall also make a study of retirement sys-
tems and report back to the next session of the General As-
sembly, with recommendations as to the advisability of creat-
ing a permanent and sound retirement system and whether
such system should be contributory or non-contributory.

3. After October 1, 1937, any employee of the State who
attains or has attained the age of 70 may, on his own applica-
tion, be retired from service, in accordance with the provisions
of this Article.

4. Any employee of the State, who is retired on account
of age, shall be granted an annual retirement allowance or com-
pensation equal to one-seventieth of his or her average salary or
compensation for the ten years next preceding retirement, mul-
tiplied by the number of years of service as an employee of the
State. Any employee of the State who has been separated from
the service of the State because of age or disability since June
1, 1935, shall be eligible for retirement under the provisions of
this Article upon making application to the Board and comply-
ing with its rules and regulations. Provided, however, that no
employee shall be granted a retirement allowance on account of
age, or physical or mental disability, unless he or she has been
in the employ of the State for at least ten years.

 

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Session Laws, 1937
Volume 412, Page 1023   View pdf image (33K)
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