Code of Virginia - Title 51.1 Pensions, Benefits, And Retirement - Section 51.1-1117 Service retirement of participating full-time employees receiving disability benefits

§ 51.1-1117. Service retirement of participating full-time employees receiving disability benefits

A. Upon the normal retirement date of a participating full-time employee receiving disability benefits who is a vested member of the retirement system, 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 for which the employee is otherwise eligible.

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 program actuary 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 disability benefits.

(1998, c. 774; 1999, c. 144; 2004, c. 98.)

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Last modified: April 16, 2009