Common use of Limitations on Service Credit Purchases Clause in Contracts

Limitations on Service Credit Purchases. Unless otherwise specified in an Addendum to the Adoption Agreement, for purposes of this Section and Section 13.C. concerning prior governmental service credit, the term "actuarial cost of service credit" is defined as set forth in the Service Credit Purchase Addendum. In the case of a service credit purchase, the Participant shall be required to comply with any rules and regulations established by the GMEBS Board of Trustees concerning said purchases.

Appears in 9 contracts

Samples: Georgia Municipal Employees, Georgia Municipal Employees, Georgia Municipal Employees

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