Sec. 31-283. Annual pension upon retirement of commissioner.
Sec. 31-283. Annual pension upon retirement of commissioner. Any compensation commissioner, in the state service as such commissioner twenty or more years
in the aggregate, who leaves such service because of failure of reappointment, or because
of abolition of his position, shall, during the remainder of his life, receive an annual
pension payable from the General Fund equal to fifty per cent of his average annual
salary for the five years next preceding his retirement. The compensation commissioners
may continue to contribute to the State Employees Retirement Fund and shall be entitled
to general retirement rights under chapter 66. The acceptance of the pension herein
provided for shall be in lieu of all benefits under the State Employees Retirement Act,
and any commissioner accepting a pension under this section shall not be entitled to the
return of any payments made by him to the State Employees Retirement Fund.
(1949 Rev., S. 3601; 1958 Rev., S. 31-147; 1961, P.A. 491, S. 9.)
History: 1961 act entirely replaced previous provisions.