| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 5 MRSA §17760, sub-§2, ¶D, as enacted by PL 1985, c. 801, §§5 | and 7, is amended to read: |
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| D. Except as provided in paragraph E, the The member must | have begun membership before January 1, 1976. |
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| | Sec. 2. 5 MRSA §17760, sub-§2, ¶E, as amended by PL 2001, c. 114, §2, | is repealed. |
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| | Sec. 3. 5 MRSA §17760, sub-§2, ¶G, as enacted by PL 2001, c. 114, §3, | is amended to read: |
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| G. A member who fails to meet one or more of the terms | and conditions required under paragraphs A, and D and E | may purchase service credit as provided in this paragraph. | The member must have at least 5 years of creditable | service and, before any retirement benefit becomes | effective for that member, must pay into the Members' | Contribution Fund, by a single direct payment or annual | direct payments to the retirement system, an amount that, | together with regular interest on that amount, is the | actuarial equivalent, at the effective date of the | retirement benefit, of the portion of the retirement | benefit based on the additional creditable service. | Annual direct payments must be made in accordance with | section 17701, subsection 4. Any member who purchases | service credit under this paragraph who subsequently, | without inclusion of the purchased service credit and | prior to retirement, meets the terms and conditions of | paragraphs A, and D and E is entitled to purchase the | service credit under section 17713, subsection 2 and to | receive a refund of the amount paid under this paragraph | that exceeds the cost to purchase the service credit under | section 17713. |
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| | Sec. 4. 5 MRSA §18360, sub-§2, ¶D, as enacted by PL 1985, c. 801, §§5 | and 7, is amended to read: |
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| D. Except as provided in paragraph E, the The member must | have begun membership before January 1, 1976. |
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| | Sec. 5. 5 MRSA §18360, sub-§2, ¶E, as amended by PL 2001, c. 114, §5, | is repealed. |
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| | Sec. 6. 5 MRSA §18360, sub-§2, ¶F, as enacted by PL 1985, c. 801, §§5 | and 7, is amended to read: |
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| F. Except for members qualifying under paragraph E, this | This subsection: |
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