An Act enabling employees on unpaid leave to purchase creditable service
House: Bill reported favorably by committee and referred to the committee on House Ways and Means
Summary
The bill lets state employees who take more than a month of unpaid leave for the birth or adoption of a child treat that time as creditable service toward their retirement. They can do this by paying the equivalent contributions, plus interest, into the retirement annuity fund before retirement benefits begin. The buyback is capped at two years of leave.
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