19-7-1101. Reemployment of retired member. (1) A retired member who returns to service for 60 or more working days in a calendar year shall become 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 may not become an active member. 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; amd. Sec. 84, Ch. 99, L. 2001.