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Session Laws, 1978
Volume 736, Page 1907   View pdf image
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BLAIR LEE III, Acting Governor                         1907

such previous employment so that he shall again be credited
with all his creditable service as a member of the
Employees' Retirement System, including prior service 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 employment,
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
statement to the county or municipal corporation for such
amount, such computation to be based upon the compensation
actually received by such employee from the county or
municipal corporation during the period for which service is
to be credited. The county or municipal corporation is
authorized and directed forthwith to pay the said amount to
the retirement system, or to place it in the next ensuing
budget for prompt payment when that budget becomes
effective. The board of trustees is authorized and directed
to include any amount due from the State in the
appropriation allowed by the next ensuing State budget.

(B) Any such member who receives membership service
credit for service rendered to the State or to any county or
municipal corporation under the provisions of this
subsection shall pay to the retirement system by a single
payment, within such period of time as may be determined by
the board of trustees, the contributions, with interest,
which he paid when he was a member of the retirement system
but withdrew. Provided, however, that any such member may
waive the payment of any or all such contributions, in which
case upon retirement any service retirement allowance, any
ordinary disability retirement allowance or any allowance
due to nonreappointment or nonreelection to any office
payable to such a member, shall be reduced by the actuarial
equivalent of those contributions which he had not paid,
with interest to date of retirement.

[The total retirement allowance that would have      been

payable to the beneficiary had he not waived     his

contributions shall be used as the basis for       the

determination of any supplemental payment under the
provisions of § 14 (7) of this article.]

[(8) A member who for a temporary period prior to June
1, 1964, (1) did not make contributions to the retirement
system because of not being on a State payroll, (2) had an
employer other than the State, (3) was in employment related
or similar to or educationally desirable for his regular
employment with the State for a period not longer than two
years, and (4) all being at the direction of a State agency,
after his return to State employment and with the approval
of the board may deposit with the retirement system, with
interest to the date of deposit, the contributions he would
have made to the retirement system had his employment been
with the State during that period; and when this deposit is
made he shall be given service credit in the retirement

 

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Session Laws, 1978
Volume 736, Page 1907   View pdf image
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