HARRY HUGHES, Governor

127

WHICH IS THE NORMAL NUMBER OF HOURS OF SERVICE COMPLETED IN
A YEAR BY A FULL-TIME TEACHER.

(3)   EXCEPT FOR CREDITABLE SERVICE AS SPECIFIED IN
SUBSECTION (5) OF THIS SECTION, A MEMBER MAY NOT RECEIVE
RETIREMENT CREDIT FOR ANY DAY THAT HE IS NOT ON THE PAYROLL
OF A PUBLIC SCHOOL.

(4)   ANY MEMBER WHO EXECUTES A WAIVER UNDER § 142(2)
OF THIS SUBTITLE SHALL BE CREDITED WITH THE CREDITABLE
SERVICE RECOGNIZED UNDER THE RETIREMENT SYSTEM THROUGH THE
DATE IMMEDIATELY BEFORE HE BECOMES A MEMBER OF THIS PENSION
SYSTEM.

(5)   A MEMBER MAY NOT BE ELIGIBLE TO OBTAIN CREDITABLE
SERVICE FOR SERVICE WITH A PUBLIC EMPLOYER OTHER THAN A
PUBLIC SCHOOL. MILITARY SERVICE WITH THE FEDERAL GOVERNMENT
MAY BE CREDITED UNDER ARTICLE 65, § 88 OF THE CODE.

(6)   THE BOARD OF TRUSTEES, UNDER RULES THAT APPLY TO
ALL TEACHERS SIMILARLY SITUATED, MAY GRANT CREDITABLE
SERVICE FOR ANY PERIOD DURING WHICH A TEACHER IS ON AN
APPROVED LEAVE OF ABSENCE THAT IS INCLUDED IN HIS
ELIGIBILITY SERVICE UNDER § 143(5) OF THIS SUBTITLE.

(7)   ANY CREDITABLE SERVICE TO WHICH A MEMBER RESTORED
TO SERVICE WAS ENTITLED AT THE TIME OF HIS PREVIOUS
TERMINATION OF SERVICE THAT IS INCLUDED IN THE ELIGIBILITY
SERVICE RESTORED UNDER § 143(6) OF THIS SUBTITLE SHALL BE
RESTORED TO HIM PROVIDED HE REPAYS THE AMOUNT OF ANY
ACCUMULATED CONTRIBUTIONS OR ANY LUMP SUM SETTLEMENT
RECEIVED ON HIS PRIOR TERMINATION OF SERVICE, WITH INTEREST
AT A RATE TO BE ESTABLISHED FROM TIME TO TIME BY THE BOARD
OF TRUSTEES. HOWEVER, THAT MEMBER MAY WAIVE THE REPAYMENT
OF THE ACCUMULATED CONTRIBUTIONS, IN WHICH CASE, ON
RETIREMENT, ANY SERVICE RETIREMENT ALLOWANCE OR ANY ORDINARY
DISABILITY RETIREMENT ALLOWANCE PAYABLE TO THE MEMBER SHALL
BE REDUCED BY THE ACTUARIAL EQUIVALENT OF THE CONTRIBUTIONS
THAT HE HAD NOT REPAID, WITH INTEREST TO DATE OF RETIREMENT.

(8)   (A) ON VERIFICATION TO THE BOARD OF TRUSTEES A
MEMBER AT THE TIME OF RETIREMENT SHALL RECEIVE CREDITABLE
SERVICE FOR UNUSED SICK LEAVE IN ACCORDANCE WITH THE FORMULA
THAT 22 DAYS OF UNUSED SICK LEAVE ARE EQUAL TO 1 MONTH OF
CREDITABLE SERVICE. ONE ADDITIONAL MONTH OF CREDITABLE
SERVICE SHALL BE GRANTED IF FRACTIONAL DAYS TOTALING 11 OR
MORE RESULT FROM THE APPLICATION OF THIS FORMULA.

(B)   FOR THE PURPOSE OF THIS SECTION, A MEMBER
MAY NOT ACCUMULATE MORE THAN 15 DAYS OF SICK LEAVE A YEAR.

(C)   FOR THE PURPOSES OF THIS SECTION, IF A
PUBLIC SCHOOL PROVIDES AN ANNUAL SICK LEAVE ALLOWANCE IN
EXCESS OF 15 DAYS, THE DAYS OF SICK LEAVE ACTUALLY USED IN
ANY YEAR SHALL BE CHARGED FIRST TO THE EXTENT OF THE EXCESS.