View Our Newest Version Here

2011 Vermont Code
Title 03 Executive
Chapter 16 VERMONT EMPLOYEES RETIREMENT SYSTEM
§ 484 Election by employee; service credits


3 VT Stats § 484. (2011 through Adj Sess) What's This?

§ 484. Election by employee; service credits

Membership in the Vermont state retirement system shall be optional with employees who are in the service of the employer on the date when participation becomes effective pursuant to subsection 482(a) or subsection 483(a) of this title and any such employee shall become a member as of that date or as of the date of completing three years of continuous service for the employer, if later, unless he or she files with the retirement board within 30 days of his or her eligibility a notice of his or her election not to be included in the membership. Any such employee who becomes a member of the Vermont state retirement system within one year of the effective date of participation of his or her employer shall be credited with creditable service covering such periods of service prior to such effective date with such employer or predecessor employer for which the employer is willing to make accrued liability contributions. Thereafter service for such employer on account of which contribution

s are made by the employer and member shall also be considered as creditable service. (Added 1971, No. 231 (Adj. Sess.), { 4.)

Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.