Amends GS 135-3(8)d. as the title indicates. Allows a retirement beneficiarywho (1) retired on an early or service retirement allowance, (2) returns to service as an employee or a teacher, and (3) earns at least three years of membership service after being restored to service, to count creditable service earned while in receipt of disability benefits under Article 6 of GS Chapter 135 as membership service only for the purpose of determining the member's retirement allowance.
Effective January 1, 2012, and applies to persons retiring on or after that date.
Bill Summaries: S680 RETIREMENT PROTECTION ACT.
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Bill S 680 (2013-2014)Summary date: Apr 4 2013 - View Summary