Title VIII PUBLIC OFFICERS AND EMPLOYEES, BONDS AND RECORDS
< > • Effective - 11 Jul 2002, see footnote104.1018. Vesting of benefits, when — reemployment of member, effect of. — 1. When a member is no longer employed in a position covered by the system, membership in the system shall thereupon cease. If a member has five or more years of credited service upon such member's termination of membership, such member shall be a vested former member entitled to a deferred annuity pursuant to section 104.1036. If a member has fewer than five years of credited service upon termination of membership, such former member's credited service shall be forfeited, provided that if such former member becomes reemployed in a position covered by the system, such former member shall again become a member of the system and the forfeited credited service shall be restored after receiving creditable service continuously for one year.
2. Upon a member becoming a retiree, membership shall cease and, except as otherwise provided in section 104.1039, the person shall not again become a member of the system.
3. If a vested former member becomes reemployed in a position covered by the system before such vested former member's annuity starting date, membership shall be restored with the previous credited service and increased by such reemployment.
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(L. 1999 S.B. 308 & 314, A.L. 2002 H.B. 1455)
Effective 7-11-02
---- end of effective 11 Jul 2002 ----
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