§ 51.1-1128. Service retirement of participating full-time employees receiving supplemental disability benefit...
A. Upon the last to occur of (i) the normal retirement date of a participating full-time employee receiving disability benefits who is a vested member of the retirement system or (ii) the date of cessation of benefits payable under the Act, the employee shall be eligible for normal retirement under subsection A of § 51.1-153. Such employee shall be authorized to elect any option for the payment of his retirement allowance provided under subsection A of § 51.1-165.
B. The retirement allowance for a participating full-time employee taking normal retirement pursuant to this section shall be determined as provided in subdivision A 1 of § 51.1-155, provided that the employee's average final compensation shall be equal to his creditable compensation on the date of the commencement of the disability increased by an amount recommended by the actuary of the Virginia Retirement System, and approved by the Board, from the date of the commencement of the disability to the date of retirement.
C. The creditable service of a participating full-time employee taking normal retirement pursuant to this section shall include periods during which the employee received supplemental disability benefits.
(1998, c. 774; 1999, c. 144.)
Sections: Previous 51.1-1121 51.1-1122 51.1-1123 51.1-1124 51.1-1125 51.1-1126 51.1-1127 51.1-1128 51.1-1129 51.1-1130 51.1-1131 51.1-1132 51.1-1133 51.1-1134 51.1-1135 NextLast modified: April 16, 2009