HARRY HUGHES, Governor

157

(H) ALL RETIREMENT ALLOWANCES AND ALL LUMP SUM
DEATH BENEFITS ON ACCOUNT OF DEATH IN ACTIVE SERVICE PAYABLE
FROM CONTRIBUTIONS OF THE STATE SHALL BE PAID FROM THE
ACCUMULATION FUND.

32.

Any such person desiring so to transfer his membership
shall notify the administrative head of the retirement
system of which he is a member prior to or at the time of
his withdrawal therefrom of his intention to enter the other
retirement system, and shall request a refund of the total
amount of the accumulated contributions standing to his
credit in the Annuity Savings Fund, or other corresponding
fund, of the system of which he is a member. Upon his
entry into the other retirement system and the deposit of
such accumulated contributions in the Annuity Savings Fund
or other corresponding fund thereof, within one year of the
date of such refund, he shall receive [prior] service credit
FOR AND IN THE AMOUNT OF BENEFITS in the system to which he
has transferred for all service TO HIS CREDIT AS A MEMBER OF
THE SYSTEM FROM WHICH HE IS TRANSFERRING, [rendered prior to
January 1, 1926, if any, provided he was in the service at
any time during the calendar year 1925 and membership
service credit for all continuous service since January 1,
1926. Such membership service credit shall be equal to the
sum of the credits for (1) service credited as prior service
in the system from which he is transferring if such "prior
service" was rendered subsequent to January 1, 1926, and
prior to the establishment of the system from which he is
transferring, and (2) service rendered since January 1,
1926, for which he was entitled to membership credit in the
system from which he is transferring, if such sum is greater
than the membership service credit for all continuous
service since January 1, 1926. Provided, however, that
nothing herein shall preclude any elected or appointed
member of the General Assembly from so transferring his
membership and the deposit of his accumulated contributions
into any State retirement system at any time including a
time more than one year from the date of refund from the
corresponding fund. Any person who had terminated his
membership in any retirement system, which is being operated
on an actuarial basis, upon deposit into the retirement
system he has entered, of the accumulated contributions
previously withdrawn from the other actuarial system, with
interest to date of deposit, may receive credit for the
service that had previously been terminated with the
condition, however, that he may not retire within three
years after date of entry in the system except for
retirement due to disability in which instance the
three-year limitation shall not apply.]

32A.

(a) Any employee who is a member of such a retirement
system and who transfers to another such system as a result