§18-7C-10 Qualified domestic relations orders.
§18-7C-10. Qualified domestic relations orders.
Any member having a qualified domestic relations order against his or her defined contribution account is allowed to repurchase service in the State Teachers Retirement System. The member shall repay any moneys previously distributed to the alternate payee along with the interest as set by the board. The member shall repay by the last day of June, two thousand twelve. The provisions of this section are void and of no effect if the members fail to elect to merge and consolidate the Defined Contribution Retirement System with the State Teachers Retirement System.