3-13A-18. Election by participating units of retirement system to participate in program--Rescission of participation.
129 words·~1 min read·
/sd/title-3/chapter-3-13/3-13a-18A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any public employer that is a participating unit of the system established under chapter 3-12C may become a participating unit under this chapter at any time on or after July 1, 2004. The decision to become a participating unit shall be made by the elected official, the appointed official, or the governing body in charge of the unit. The unit shall become a participating unit as soon as notice of the decision has been delivered in writing to the system. A participating unit at a later date may choose to rescind such status and may do so by delivering written notice of the decision to the system.
However, if such a rescission occurs, the rescission does not affect the status of any participant who was employed by that unit.