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A. The person may elect to have the service retirement | | benefit continued during the period of time the person is | | restored to service and the person may not accumulate any | | additional service credits. |
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| | | B. The person may elect to have the service retirement | | benefit terminated, again become a member of the | | retirement system and begin contributing at the current | | rate. |
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| | | (1) The person is entitled to accumulate additional | | service credits during the period of time the person | | is restored to service. |
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| | | (2) When the person again retires, the person is | | entitled to receive benefits computed on the person's | | entire creditable service and in accordance with the | | law in effect at the time. |
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| | C. Upon being restored to service, the person shall must | | elect to have benefits either continued or terminated. If | | written notification of the person's election is not | | received by the executive director within 60 days of | | restoration to service, the person is deemed to have | | elected the provisions of paragraph A. The election, | | regardless of how it is made, is irrevocable during the | | period of restoration to services. |
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| | | Sec. 11. 5 MRSA §18252-A, sub-§1, ¶¶A and B, as enacted by PL 1997, c. | | 709, §4, are amended to read: |
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| | | A. An employee hired by a participating local district, | | or rehired following a break in service, after the date on | | which the employer provides a plan under section 18252-B | shall must elect at the time of hiring or rehiring whether | | to be a member under the retirement system or to be | | covered under a plan provided by the employer under | | section 18252-B. |
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| | | (1) If the employee elects to be a member under the | | retirement system, the election is effective as of | | the date of hire or rehire. |
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| | | (a) An employee who elects to be a member of | | the retirement system may later elect to be | | covered under a plan provided by the employer | | under section 18252-B. The employee who so | elects shall may, at the employee's discretion, | | withdraw accumulated contributions in accordance | | with applicable requirements of law and rule and | | retirement system procedures. |
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