Vermont Statutes

§ 1939 — Restoration to service

Vermont·Title 16 Title 16: Education·Ch. 55 Chapter 055: State Teachers' Retirement System of Vermont
(a)In any fiscal year in which a beneficiary resumes service, as that term is defined in section 1931 of this title, he or she shall again become a member of the System, shall contribute at the rate established for members of his or her group and shall not be entitled to receive a retirement allowance, if he or she is:
(1)compensated in excess of the allowable number of days per school year as established by the Board for substitute teaching; or
(2)receives compensation in excess of 60 percent of the average compensation in the teacher System.
(b)If a person once again becomes a member under subsection (a) of this section, membership shall be retroactive to the beginning of the fiscal year in which the person resumed service and the member shall not be entitled to any retirement allowa

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