Jacksonville |
Code of Ordinances |
Title V. ADMINISTRATION AND PERSONNEL |
Chapter 120. GENERAL EMPLOYEES AND CORRECTIONS OFFICER PENSION PLANS AND ALL EMPLOYEES DEFINED CONTRIBUTION RETIREMENT PLANS |
Part II. THE GENERAL EMPLOYEES RETIREMENT PLAN |
§ 120.205. Purchase of military service credit.
(a)
Members who are vested and eligible for retirement benefits may purchase up to two years of active duty military service time as credited service.
(b)
Service may be active duty wartime or nonwartime service, provided that the nonwartime service shall not exceed one year. All military service purchased under this section must have occurred prior to any employment with the City.
(c)
Wartime service shall be for any period as determined by the Florida Legislature or by Presidential Executive Order, or by Congressional Resolution. Military service shall mean service in the United States Army, Navy, Air Force, Marines, Coast Guard, National Guard, NOAA or other branches of government service as provided in Title 38 of the United States Code.
(d)
Credited service under this section may be purchased through the deposit of 20 percent of the member's earnable compensation. Payment of the required contributions shall be under the same conditions as provided for purchase of prior service credit.
(e)
Service credit for members on military leaves of absence shall be as provided in Section 116.501(a), Ordinance Code.
(f)
The Board shall promulgate rules for the implementation of this section.
(Ord. 2005-432-E, § 2)