20 NCAC 02C .0704. WORKERS' COMPENSATION LEAVES OF ABSENCE

(a)  All members, who request approval to purchase creditable service and who fulfill all of the requirements of law and the rules of the board, shall be allowed to purchase the service in accordance with the law and rules of the board.

(b)  Purchases of creditable service for leaves of absence prior to July 1, 1983 shall be made in the same manner as prescribed in 20 NCAC 2C .1500 DELAYED PURCHASE OF SERVICE CREDITS.  A fee in the amount of twenty‑five dollars ($25.00) for each payment will be assessed members at the time of purchase as provided by law.

(c)  Purchases of creditable service for leaves of absence on and after July 1, 1983 shall be paid in the manner prescribed in law equal to the sum of the total employer and employee percentage rates of contribution in effect at the time of purchase multiplied by the annual rate of compensation of the member immediately prior to the leave of absence applied to the period of the leave commencing on the first day and ending on the last day before return to service.

(d)  Members who had leaves of absence which otherwise met all requirements of law for purchase as creditable service except that the leaves of absence interrupted membership in the Teachers' and State Employees' Retirement System or the Law Enforcement Officers' Retirement System and whose membership service before and after the leaves of absence has become membership service in the Local Governmental Employees' Retirement System, may purchase creditable service as in (b) of this Rule.

(e)  Members may purchase creditable service for leaves of absence only when they have membership service credits immediately prior to and immediately after the leaves of absence and such membership service is creditable service at the time of purchase.

 

History Note:        Authority G.S. 128‑26(1); 128‑28(g);

Eff. December 1, 1983;

Amended Eff. August 1, 1988.