5 §18509. Statement of compensation
Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 20: STATE RETIREMENT SYSTEM (HEADING: PL 1985, C. 801, §5 (NEW))
Chapter 425: PARTICIPATING LOCAL DISTRICTS HEADING: PL 1985, C. 801, §5 (NEW)
Subchapter 5: BENEFITS HEADING: PL 1985, C. 801, §5 (NEW)
Article 3: DISABILITY RETIREMENT BENEFITS HEADING: PL 1985, C. 801, §5 (NEW)
§18509. Statement of compensation
1. Requirement. The executive director shall require each beneficiary of a disability retirement benefit to submit, each calendar year, a statement of his compensation received from engaging in any gainful occupation during that year.
[ 1985, c. 801, §§ 5, 7 (NEW) .]
2. Failure to submit statement. Failure to submit the statement under subsection 1, shall result in the following.
A. If the beneficiary fails to submit the statement required under subsection 1 within 30 days of receipt of the executive director's request for the statement, the beneficiary's disability retirement benefit shall be discontinued until the statement is submitted. [1985, c. 801, §§ 5, 7 (NEW).]
B. If the beneficiary fails to submit the statement required under subsection 1 within one year of receipt of the executive director's request for the statement, all the beneficiary's rights to any further benefits shall cease. [1985, c. 801, §§ 5, 7 (NEW).]
[ 1985, c. 801, §§ 5, 7 (NEW) .]
SECTION HISTORY
1985, c. 801, §§5,7 (NEW).