§ 477 - Prior service credit - Vermont Statutes

§ 477. Prior service credit

An employee who has ceased being a member upon reemployment is entitled to prior service credit upon depositing in the fund the contributions which would have been deducted from the employee's compensation had he or she remained a member with interest as set forth in section 473 of this title. The employee in order to qualify for the prior service credit must also deposit in the fund a sum equal to the contributions which would have been contributed by the state had the employee remained a member with interest as set forth in section 473 of this title. (Added 1971, No. 231 (Adj. Sess.), § 4; amended 2007, No. 13, § 14.)