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Session Laws, 1973
Volume 709, Page 3120   View pdf image
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3120

COUNTY LOCAL LAMS

within the retirement system.

(1)   Transfers from Group A to Group B or
Group E. Whenever a Group A member transfers to a
County position which qualifies him for membership in
Group B or Group E the retirement service credits ho
has earned as a Group A member may be used for the
purpose of qualifying him for normal retirement.
Except for the contribution rate increase as of the
effective date of the transfer, there shall be no
charges levied on any member who is an active member
of this retirement system as of July 1, 1970,
transferring from Group A to Group B or Group E.

Any Group A member who transfers to Group B or
Group E after July 1, 1970, in addition to paying the
contribution rate increase as of the effective date of
the transfer, shall also be required to pay into the
retirement system fund that amount of contributions
that he would have paid had he been a member of Group
B or Group E during the period of time he was a member
of Group A following July 1, 1970 plus whatever
interest payments that may be determined due by the
County Personnel Board. Notwithstanding the above
provisions any employee who becomes a Group B member
after July 1, 1970 shall not have a normal retirement
date earlier than the date on which he completes at
least fifteen (15) years of membership in Group B even
though he may meet all other requirements for an
earlier normal retirement date.

(2)  Transfers from Group B, D and E to
Group A. Whenever a Group B, D or E member transfers
to a County position covered under Group A, he shall
become a Group A member as of the date of his transfer
and his normal retirement date shall be adjusted
accordingly. There shall be no return made of the
difference in member contributions paid while he was a
Group E, D or E member.

Upon attainment of age fifty-five (55) years a
Group E member not eligible to be a Group B member may
become a Group A member if he is the incumbent of a
position eligible for coverage under Group A.

(3)   Transfers from Group B to E. Whenever
a Group B member voluntarily elects to become a member
of Group E his normal retirement date shall be
adjusted accordingly. Except for the contribution
rate increase as of the effective date of the transfer

 

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Session Laws, 1973
Volume 709, Page 3120   View pdf image
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