LD 2431
pg. 3
Page 2 of 5 An Act to Change the Retirement Eligibility Requirements for Certain Employees ... Page 4 of 5
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LR 3853
Item 1

 
member's service retirement benefit must be computed in
segments and the amount of the member's service retirement
benefit is the sum of the segments.__The segments must be
computed as follows:

 
(1)__The segment or, if the member served in more than
one of the capacities specified in subsection 1 and the
benefits related to the capacities are not
interchangeable under section 17856, segments that
reflect creditable service earned before July 1, 1998
for employees identified in subsection 1, paragraphs A
to H, before January 1, 2000 for employees identified
in subsection 1, paragraphs I to K and before August 1,
2000 for employees identified in subsection 1,
paragraph L or purchased by repayment of an earlier
refund of accumulated contributions for service before
July 1, 1998, for employees identified in subsection 1,
paragraphs A to H, before January 1, 2000 for employees
identified in subsection 1, paragraphs I to K and
before August 1, 2000 for employees identified in
subsection 1, paragraph L in a capacity or capacities
specified in subsection 1 or purchased by other than
the repayment of a refund and eligibility to make the
purchase of the service credit, including, but not
limited to, service credit for military service, was
achieved before July 1, 1998 for employees identified
in subsection 1, paragraphs A to H, before January 1,
2000 for employees identified in subsection 1,
paragraphs I to K and before August 1, 2000 for
employees identified in subsection 1, paragraph L must
be computed under section 17852, subsection 1,
paragraph A.__If the member is qualified under
subsection 2, paragraph B and:

 
(a)__Had 10 years of creditable service on July 1,
1993, the amount of the segment or segments must
be reduced as provided in section 17852,
subsection 3, paragraphs A and B; or

 
(b)__Had fewer than 10 years of creditable service
on July 1, 1993, the amount of the segment or
segments must be reduced as provided in section
17852, subsection 3-A; and

 
(2)__The segment that reflects creditable service earned after
June 30, 1998 for employees identified in subsection 1,
paragraphs A to H, after December 31, 1999 for employees
identified in subsection 1, paragraphs I to K and after July 31,
2000 for employees identified in subsection 1, paragraph L or
purchased by


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