ยง88-48 - Deduction in class A member's account.
ยง88-48ย Deduction in class A member's
account.ย An amount equal to the taxes under the Federal Insurance
Contributions Act payable by a class A member for the period beginning
January 1, 1956, and ending on the date class A membership is obtained,
shall be deducted from the class A member's account in the system.ย Any member
may elect to contribute to the system an amount equal to the taxes so deducted,
which amount shall be credited to the member's account. [L 1957, c 143, ยง9;
Supp, ยง6-83.01; HRS ยง88-48; am L 1969, c 110, pt of ยง1; gen ch 1985]