North Carolina General Statutes 120-4.33B. Prohibition on purchase of forfeited service
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Terms Used In North Carolina General Statutes 120-4.33B
- Retirement: means the withdrawal from active service with a retirement allowance granted under the provisions of this Article. See North Carolina General Statutes 120-4.8
Any member whose retirement benefits have been forfeited under N.C. Gen. Stat. § 120-4.3 or N.C. Gen. Stat. § 120-4.3A is prohibited from subsequently purchasing or repurchasing either those forfeited benefits or any creditable membership service associated with those forfeited benefits and that service may not be used for the purposes of eligibility for benefits in any retirement system that provides reciprocal benefits. (2018-52, s. 6(d); 2020-48, s. 4.5(d).)