WILLIAM DONALD SCHAEFER, Governor                               Ch. 6

(1)      HAS AT LEAST 16 YEARS OF CREDITABLE SERVICE; AND

(2)      ELECTS TO HAVE THE MEMBER'S ACCUMULATED CONTRIBUTIONS
PAID AS AN ANNUITY OF EQUIVALENT ACTUARIAL VALUE INSTEAD OF
WITHDRAWING THE ACCUMULATED CONTRIBUTIONS.

(C)     ELIGIBILITY CRITERIA.

A MEMBER QUALIFIES FOR A NORMAL SERVICE RETIREMENT ALLOWANCE
UNDER SUBSECTION (B) OF THIS SECTION IF THE MEMBER:                                     

(1)      (I) IS AN ELECTED OR APPOINTED OFFICIAL OF THE STATE AT
THE TIME OF APPLICATION FOR RETIREMENT; AND

(II) WAS INITIALLY AN ELECTED OR APPOINTED OFFICIAL OF THE
STATE BEFORE JULY 22, 1981;

(2)      (I) IS AN ELECTED OR APPOINTED OFFICIAL OF THE STATE WHEN
SEPARATING FROM EMPLOYMENT;

(II)     WAS INITIALLY AN ELECTED OR APPOINTED OFFICIAL OF THE
STATE DURING THE PERIOD FROM JULY 22, 1981, THROUGH JUNE 30, 1982, BOTH
INCLUSIVE; AND

(III)    SEPARATED FROM EMPLOYMENT INVOLUNTARILY, AS
CERTIFIED BY THE SECRETARY OF PERSONNEL; OR

(3)      (I) WAS PROMOTED TO AN UNCLASSIFIED POSITION ON OR
BEFORE JUNE 30, 1982;

(II)     HAS BEEN IN THE UNCLASSIFIED SERVICE OF THE STATE
CONTINUOUSLY FROM JUNE 30, 1982, UNTIL SEPARATING FROM EMPLOYMENT; AND

(III)    SEPARATED FROM EMPLOYMENT INVOLUNTARILY, AS
CERTIFIED BY THE SECRETARY OF PERSONNEL.

(D)     EFFECT OF REELECTION OR REAPPOINTMENT.

(1)      THIS SUBSECTION APPLIES TO A RETIREE WHO:

(I)       RETIRES AS AN ELECTED OR APPOINTED OFFICIAL UNDER
THIS SECTION; AND

(II)     IS APPOINTED OR ELECTED TO AN OFFICE FOR WHICH THE
STATE PAYS THE COMPENSATION.

(2)      ON THE APPOINTMENT OR ELECTION OF A RETIREE DESCRIBED IN
PARAGRAPH (1) OF THIS SUBSECTION:

(I)       THE RETIREE'S RETIREMENT ALLOWANCE SHALL STOP;

(II)     THE RETIREE MAY REJOIN THE EMPLOYEES' PENSION SYSTEM;

(III)    THE RETIREE SHALL MAKE MEMBER CONTRIBUTIONS AS
PROVIDED IN THIS TITLE; AND

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