20 NCAC 02B .1104. RECALCULATION OF BENEFITS

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For members already retired who avail themselves of these provisions, any recalculation of benefits shall be based on the law in effect at the time of the individual's retirement including the additional service credit and effect shall be given for all benefit increases subsequent to the date of retirement which shall be a part of the total cost of providing the additional service credit.

History Note: Authority G.S. 135‑4(k); 135‑6(f);

Eff. February 1, 1976;

Readopted Eff. September 21, 1977.

                    
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