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the Connecticut General Statutes
2005 Connecticut Code - Sec. 5-167. Contributions for prior years.
Sec. 5-167. Contributions for prior years. (a) A former member who withdrew
his retirement contributions and who is reemployed in state service within five years
after he left state service, or who is reemployed and due to such reemployment is covered
by the provisions of the tier I plan as determined under subsection (a) of section 5-192e,
may elect to return his withdrawn contributions and interest paid on such contributions
to the state, with interest as provided in subsection (c) below. Service can be restored
only if payments commence within two years after reemployment or on or before January
1, 1985, if later.
(c) Retirement contributions payable under subsection (a) or (b) of this section may be paid by the member either by (1) a single lump sum payment of contributions plus interest paid on such contributions, with interest thereon at the rate of five per cent per year calculated from the date of withdrawal to the date of payment, or (2) payroll deductions of the total amount established in subdivision (1) of this subsection, as determined by the Retirement Commission over a period not to exceed thirty-six months, plus interest on such amount at the rate of five per cent per year to be paid over such period.
(1949 Rev., S. 396; 1957, P.A. 588, S. 1; 1958 Rev., S. 5-116; 1961, P.A. 234, S. 16; 1963, P.A. 399, S. 1; 1971, P.A. 126, S. 1; P.A. 83-533, S. 14, 54; P.A. 84-411, S. 5, 8; P.A. 87-484, S. 2, 10.)
History: 1961 act "restated" state employees retirement act "in a simpler, clearer and more orderly form"; 1963 act deleted subsection prohibiting credit for prior service in connection with application for nonservice connected disability retirement within five years after payment in full for prior service credit, but see Sec. 5-169(e); 1971 act replaced payments of twelve monthly installments with payroll deductions determined by retirement commission over a period of not more than three years; P.A. 83-533 amended Subsec. (a) to provide for restoration of prior service of former member whose reemployment renders him subject to tier II; P.A. 84-411 amended Subsec. (a) to require return to the state of interest paid on withdrawn contributions by former member who elects to return withdrawn contributions; P.A. 87-484 amended Subsec. (c) to clarify provisions re payment of retirement contributions.
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