Current through Register Vol. 39, No. 11, December 2, 2024
Section 02B .0706 - WORKERS' COMPENSATION LEAVES OF ABSENCE(a) Purchases of creditable service for leaves of absence prior to July 1, 1983 shall be made in the same manner as prescribed in 20 NCAC 02B .1200, as then effective.(b) Purchases of creditable service for leaves of absence on and after July 1, 1983 shall be paid in the manner prescribed in law equal to the sum of the total employer and employee percentage rates of contribution in effect at the time of purchase multiplied by the annual rate of compensation of the member immediately prior to the leave of absence applied to the period of the leave commencing on the first day and ending on the last day before return to service.(c) Members who had leaves of absence which otherwise met all requirements of law for purchase as creditable service except that the leaves of absence interrupted membership in the Local Governmental Employees' Retirement System or the Law Enforcement Officers' Retirement System and whose membership service before and after the leaves of absence has become membership service in the Teachers' and State Employees' Retirement System, may purchase creditable service as in Paragraph (b) of this Rule.(d) Members may purchase creditable service for leaves of absence only when they have membership service credits immediately prior to and immediately after the leaves of absence and such membership service is creditable service at the time of purchase.20 N.C. Admin. Code 02B .0706
Authority G.S. 135-4(r); 135-6(f);
Eff. December 1, 1983;
Amended Eff. August 1, 1988;
Readopted Eff. March 1, 2023.Authority G.S. 135-4(r); 135-6(f);
Eff. December 1, 1983;
Amended Eff. August 1, 1988.Readopted by North Carolina Register Volume 37, Issue 19, April 3, 2023 effective 3/1/2023.