§ 203-6. Service Purchase Administrative Provisions.

(a)

For purposes of service purchased under Sections 203-7, 203-7-A, 203-7-B, 203-7-C, 203-8, 203-23, 203-27A, 203-28, and 203-29, service shall be credited as it is purchased and in accordance with the Service Retirement Allowance under Section 203-33 that applies to the Member at the time the service is purchased, and in accordance with any applicable transfer agreements. The purchase of service, when combined with any other creditable service of the Member for the same calendar year as the purchased service, shall not result in the Member receiving more than one year of service credit per calendar year. If the Member is permitted to pay on an installment basis and fails to complete the payments within five years or becomes unable to complete the payments due to non-payment, termination, death, or disability, the system shall only credit the Member with the service which is funded as of the date of non-payment, termination, death, or disability. An individual must be an Active Member to purchase service.

(b)

Effective on and after July 1, 2011, Members who purchase service under Sections 203-7, 203-7-A, 203-7-B, 203-7-C, 203-8, 203-23, 203-27A, 203-28 and 203-29 shall be credited with service in the following manner:

(i)

For Members in Group C, service purchased prior to the date of Retirement shall be credited toward the Service Retirement Allowance formula under subsections (c) or (e) of Section 203-33, as determined pursuant to subsections (b) and (d) of Section 203-33.

(ii)

For Members in Group D, service purchased prior to the date of Retirement shall be credited toward the Service Retirement Allowance formula under subsections (c) or (e) of Section 203-33, as determined pursuant to subsections (b) and (d) of Section 203-33.

(iii)

For Members in Group E, service purchased:

(A)

On or before December 31, 2013 and prior to the date of Retirement, shall be credited toward the Service Retirement Allowance formula under subsections (c) or (e) of Section 203-33, as determined pursuant to subsections (b) and (d) of Section 203-33;

(B)

On or after January 1, 2014 and prior to the date of Retirement, shall be credited toward the Service Retirement Allowance formula under Section 203-33(h)(iii).

(iv)

For Members in Group F, service purchased:

(A)

On or before June 30, 2011 and prior to the date of Retirement, shall be credited toward the Service Retirement Allowance formula under subsections (c) or (e) of Section 203-33, as determined pursuant to subsections (b) and (d) of Section 203-33;

(B)

On or after July 1, 2011 and prior to the date of Retirement, shall be credited toward the Service Retirement Allowance formula under 203-33(h)(iv).

(v)

For Members in Group G, service credited prior to the date of Retirement shall be credited toward the Service Retirement Allowance formula under Section 203-33(h)(v).

(Ordained by Ord. No. 084-2011, § 1, eff. April 16, 2011; a. Ord. No. 336-2016, § 1, eff. Nov. 26, 2016; Emer. Ord. No. 357-2017, § 2, eff. Dec. 20, 2017; a. Emer. Ord. No. 343-2018, § 1, eff. Oct. 31, 2018)