(a) A participating member is immediately and fully vested in that member's contributions and related earnings.
(b) A member is fully vested in the employer contributions made on that member's behalf, and related earnings, after five years of service. A member is partially vested in the employer contributions made on that member's behalf, and the related earnings, in the ratio of
(1) 25 percent with two years of service;
(2) 50 percent with three years of service; and
(3) 75 percent with four years of service.
Section: Previous 14.25.330 14.25.340 14.25.345 14.25.350 14.25.360 14.25.370 14.25.380 14.25.390 14.25.400 14.25.410 14.25.420 14.25.430 14.25.440 14.25.450 14.25.460 NextLast modified: November 15, 2016