19-7-1101. Reemployment of a retired member. (1) A retired member who returns to service for at least 60 working days in a calendar year is an active member of the system. Upon reinstatement as an active member, benefit payments must cease until subsequent retirement.
     (2) A retired member who returns to service for less than 60 working days in a calendar year is excluded from membership. The retirement benefit of a retired member employed in service must be reduced by $1 for each $3 earned in excess of $5,000 in a calendar year.

     History: En. Sec. 152, Ch. 265, L. 1993.