2005 Idaho Code - 59-1363 — PURCHASE OF MEMBERSHIP SERVICE

                                  TITLE  59
                          PUBLIC OFFICERS IN GENERAL
                                  CHAPTER 13
                      PUBLIC EMPLOYEES RETIREMENT SYSTEM
    59-1363.  PURCHASE OF MEMBERSHIP SERVICE. (1) Notwithstanding any other
provision of this chapter, an active or inactive member who is vested may
purchase up to forty-eight (48) months of membership service.
    (2)  The cost of purchases under this section shall be the full actuarial
costs of the service as determined by the board. The board may provide for
payment options, including periodic payments, but no service shall be credited
until payment has been made in full. The member shall be solely responsible
for the costs of such purchased service, except that an employer may
participate in the costs at its option.
    (3)  In no event shall any member be allowed to purchase in the aggregate
more than forty-eight (48) months of membership service whether purchased
under this section or any other provision authorizing purchase of membership
service.