48-224. Eligibility and participation
Each employee of a district shall be eligible to participate in the plan adopted if
he has been continuously employed by the district for a period of not less than
twenty-four months prior to the effective date of the plan adopted by a district, or for
such longer period as may be provided in the plan. The plan may provide that an employee
who shall have attained a specified age or who has been continuously employed by the
district a specified number of years will not be eligible. Each other employee shall
become eligible to participate on the first day of the month coinciding with or
immediately following the completion of not less than twenty-four months continuous
service with the district or such longer period as may be provided in the plan
adopted. Each eligible employee shall become a participant as of his first eligibility
date provided he makes a written application to the district on forms furnished by it
within one month after his first date of eligibility. Each other eligible employee may
become a participant on the first day of the month following the month in which he makes
written application therefor, in which case he will be ineligible for prior service
retirement benefits which may be provided by the plan.
|