31-D - Participation by the Pioneer Library System.

§  31-d.  Participation by the Pioneer Library System.  a. The Pioneer  Library System may, by resolution adopted by its board of  trustees  and  approved  by  the  comptroller,  elect  to participate in the retirement  system. Acceptance of its employees for  membership  in  the  retirement  system  shall  be optional with the comptroller, who shall determine the  amounts of contribution payable by such system and its employees,  shall  resolve  questions  of  credit for prior service, and shall in all other  respects assure that such employees share the same  rights,  obligations  and benefits as other members of the retirement system.    b.  The  officers  and employees of such system shall be credited with  such periods of prior service as shall be certified by such  system  for  service  rendered to it, or the state, or in any other capacity approved  by such system and the comptroller.  Service for such system  after  the  date on which it commences to participate in the retirement system shall  be  considered  as member service. An officer or employee of such system  who, as of the date he or she is  so  approved  for  membership  in  the  retirement  system,  is  already a member thereof, shall not have his or  her total credit reduced by such approval. Any reserve held  on  account  of  any  such officer or employee in the pension accumulation fund shall  be used  as  an  offset  against  the  deficiency  contribution  payable  thereafter by such system on account of such officer or employee for any  prior service credit and any such previous credit.