§ 54-51. Prior government service.  


Latest version.
  • Unless otherwise prohibited by law, the years or fractional parts of years that a general employee who was previously a member, but who terminated employment and received a refund of his contributions or who terminated employment and is not otherwise entitled to credited service for such previous period of employment as a general employee, or the years or fractional parts of years that a member previously served as an employee for any governmental agency in the United States, including but not limited to federal, state or local government service, and for which he does not otherwise qualify for and receive credit under this system, shall be added to his years of credited service provided that:

    (1)

    The member contributes to the fund the sum, based on his salary and the member contribution rate in effect at the time that the credited service is requested, had he been a member of the system for the years or fractional parts of years for which he is requesting credit plus amounts actuarially determined such that the crediting of service does not result in any cost to the fund plus payment of costs for all professional services rendered to the board in connection with the purchase of years of credited service.

    (2)

    Multiple requests to purchase credited service pursuant to this section may be made at any time prior to retirement.

    (3)

    Payment by the member of the required amount shall be made within six months of his or her request for credit, but, in any event, prior to retirement, and shall be made in one lump sum payment upon receipt of which credited service shall be given.

    (4)

    There shall be no maximum purchase of credited service pursuant to this section. Credited service purchased for prior service with the city shall count for all purposes including vesting. Credited service purchased for any other government service shall count for all purposes except vesting and eligibility for disability benefits.

    (5)

    In no event, however, may credited service be purchased pursuant to this section for prior service with any other governmental agency, if such prior service forms or will form the basis of a retirement benefit or pension from a different employer's retirement system or plan as set forth in section 54-39, subsection (l)(2).

(Ord. No. 11-33, § 1, 10-27-11; Ord. No. 17-01, § 10, 4-13-17)