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Session Laws, 1961
Volume 654, Page 1437   View pdf image (33K)
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J. MILLARD TAWES, GOVERNOR                           1437

THEREIN FOR WHAT WOULD HAVE BEEN HIS PRIOR SERV-
ICE AS OF JUNE 1, 1949,
BEFORE BEING ADMITTED TO SUCH
MEMBERSHIP, ANY SUCH PERSON SHALL PAY TO THE RE
-
TIREMENT SYSTEM THE FULL AMOUNT OF WHAT WOULD
HAVE BEEN HIS ACCUMULATED CONTRIBUTIONS THERE-
IN HAD HE IN FACT BELONGED TO THE SYSTEM FROM
JUNE 1, 1949, TO THE DATE UPON WHICH HE BECOMES
A MEMBER UNDER THE PROVISIONS OF THIS ACTION, TO-

GETHER WITH REGULAR INTEREST THEREON. THE STATE
SHALL MAKE SUCH MATCHING CONTRIBUTIONS TO THE

RETIREMENT SYSTEM AS IT WOULD HAVE MADE HAD THE
PERSON IN FACT BELONGED TO THE SYSTEM FROM JUNE
1, 1949, TO THE
DATE UPON WHICH HE BECOMES A MEM-
BER UNDER THE PROVISION OF THIS SECTION, TOGETHER
WITH REGULAR INTEREST THEREON, PROVIDED, HOW-
EVER, THAT THE PAYMENT OF THE STATE OF SUCH
MATCHING CONTRIBUTIONS AND ALSO ITS PAYMENT OF

THE PRIOR SERVICE CREDIT MAY TOGETHER BE PAID AT
SUCH AND IN SUCH AMOUNTS AS MAY BE RECOMMENDED
BY THE ACTUARY FOR THE RETIREMENT SYSTEM.

9 (7)

NOTWITHSTANDING ANYTHING TO THE CONTRARY IN
THIS ARTICLE, EVERY EMPLOYEE OF THE STATE OR OF A
PARTICIPATING MUNICIPAL CORPORATION, INCLUDING
ANY OFFICIAL ELECTED OR APPOINTED FOR A FIXED
TERM, WHO IS OR BECOMES A MEMBER OF THE EMPLOY-
EES' RETIREMENT SYSTEM AND WHO AT ANY PREVIOUS
TIME SINCE OCTOBER 1, 1941, WAS AN EMPLOYEE OR OF-
FICIAL OF THE STATE OR OF ONE OR MORE OF THE COUN-
TIES OR MUNICIPAL CORPORATIONS OF THIS STATE, AND
WHOSE PREVIOUS EMPLOYMENT BY THE STATE OR
COUNTY OR MUNICIPAL CORPORATION OF THIS STATE
WAS NOT TERMINATED AT HIS OWN VOLITION, OR WHO
WAS NOT RE-ELECTED OR REAPPOINTED AT THE EXPI-
RATION OF HIS FIXED TERM OF OFFICE, SHALL RECEIVE
IN THE EMPLOYEES' RETIREMENT SYSTEM SERVICE
CREDIT FOR THE TIME SPENT AS A MEMBER OF THE EM-
PLOYEES' RETIREMENT SYSTEM IN SUCH PREVIOUS EM-
PLOYMENT SO THAT HE SHALL AGAIN BE CREDITED WITH
ALL HIS CREDITABLE SERVICE AS A MEMBER OF THE EM-
PLOYEES' RETIREMENT SYSTEM, INCLUDING PRIOR SERV-
ICE CREDIT TO WHICH HE WAS ENTITLED DURING THE
PREVIOUS EMPLOYMENT. UPON RECEIVING A CLAIM FOR
SUCH SERVICE CREDIT FROM SUCH EMPLOYEE, THE
BOARD OF TRUSTEES OF THE RETIREMENT SYSTEM SHALL
VERIFY THE FACT OF SUCH PREVIOUS EMPLOYMENT, THE
CONDITION OF THE TERMINATION OF SUCH PREVIOUS EM-
PLOYMENT, AND THE CREDITABLE SERVICE TO WHICH
THE MEMBER IS ENTITLED, COMPUTE THE AMOUNT DUE
FROM SUCH POLITICAL SUBDIVISION FOR THE SERVICE
FOR WHICH CREDIT IS CLAIMED, AND SUBMIT A STATE-
MENT TO THE COUNTY OR MUNICIPAL CORPORATION FOR
SUCH AMOUNT, SUCH COMPUTATION TO BE BASED UPON
THE COMPENSATION ACTUALLY RECEIVED BY SUCH EM-
PLOYEE FROM THE COUNTY OR MUNICIPAL CORPORATION

 

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Session Laws, 1961
Volume 654, Page 1437   View pdf image (33K)
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