§ 2.07. Termination of membership in Division A.  


Latest version.
  • If a member of Division A terminates his membership in Division A, he shall thereafter forfeit all rights to any benefit or benefits provided by Division A arising from service completed prior to the date his membership is terminated. The membership of any member of Division A shall terminate upon:

    (a)

    Withdrawal of his contributions at or any time after termination of employment, regardless of his length of credited service;

    (b)

    Termination of employment, unless at such termination of employment he has completed fifteen (15) years of credited service and he does not withdraw his contributions;

    (c)

    Retirement, except disability retirement followed by re-employment as an employee subject to Section 2.17, or early retirement, if a monthly deferred early retirement benefit was elected, followed by re-employment as an employee subject to Section 2.16;

    (d)

    Death;

    (e)

    Termination of employment at any time with prejudice, where 'prejudice' shall mean the termination of employment of a member of Division A as a result of his conviction in a court of competent jurisdiction of embezzlement or larceny of public funds or properties, or malfeasance in office, or shall mean the forcing of a member of Division A to make restitution of any funds or properties similarly taken by the member of Division A which resulted in his termination of employment.