§ 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.)
Sections: Previous 51.1-1110 51.1-1111 51.1-1112 51.1-1113 51.1-1114 51.1-1115 51.1-1116 51.1-1117 51.1-1118 51.1-1119 51.1-1120 51.1-1121 51.1-1122 51.1-1123 51.1-1124 NextLast modified: April 16, 2009