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Searching 2017-2018 Session

The Vermont Statutes Online

Title 16 : Education

Chapter 055 : STATE TEACHERS' RETIREMENT SYSTEM OF VERMONT

(Cite as: 16 V.S.A. § 1935)
  • § 1935. Teachers in certain public or independent schools

    (a) The Board of Trustees may designate certain public or independent schools, which are located within the State, and supported wholly or in part by the State but which are not under the control of the State Board of Education, as employers of teachers within the meaning of this chapter.

    (b) At any time within 75 days following the date of such designation, any person employed on the date of designation in a teaching capacity by such institution and who is not then a member of the System may become a member of the System by filing with the Board of Trustees, on a form prescribed by the Board, an application to be covered in the membership of the System.

    (c) The provisions of section 1933 of this title notwithstanding, any person who becomes a teacher by virtue of his or her employment in a teaching capacity by such institution after such date of designation who at the time of such employment is a member of the Vermont Employees' Retirement System may within 75 days following the date of such employment file with the Board of Trustees, on a form prescribed by the Board, a notice of his or her election not to be covered in a membership of the System and a duly executed waiver of all present and prospective benefits that would otherwise inure to him or her as a member.

    (d) Each teacher who becomes a member under the provisions of subsection (b) of this section shall file a detailed statement of all service as a teacher rendered by him or her prior to the date of such membership for which he or she claims credit. The total period of such service creditable shall be determined and certified in accordance with the procedure established in subsection 1936(b) of this title, for the crediting of prior service but the portion of such service rendered subsequent to July 1, 1947 shall be credited to the member as membership service.

    (e) Should a member of the Vermont Employees' Retirement System become a member of this System under the provisions of this section, the amount of the member's accumulated contributions shall be transferred from his or her account in the Vermont Employees' Retirement System and credited to his or her account in the Fund, the amount of prior and membership service standing to his or her credit under said Employees' System not creditable under subsection (d) of this section shall be credited to him or her in like manner under this System whereupon his or her membership in said Employees' System shall cease.

    (f) [Repealed.]  (Amended 1963, No. 69; 1991, No. 24, § 11; 2007, No. 13, § 25.)