§ 36-9.1-1. Findings. The general assembly hereby finds the following: The grant of the opportunity to an individual to purchase, pursuant to P.L. 1987, ch. 613 as codified in § 36-9-33 (repealed by P.L. 88-486), (hereinafter "§ 36-9-33, repealed"), credit in, and/or to become a member of the retirement systems established under chapter 16 of title 16, chapter 21 of title 45, and/or chapters 8 - 10 of this title ("retirement systems") bears no rational relationship to any legitimate governmental purpose. The continued accrual of benefits by the beneficiaries of § 36-9-33 (repealed) and the continued payment of money under § 36-9-33 (repealed) will cause an invasion of the corpus of the retirement systems funds in abrogation of those sections of the Internal Revenue Code of 1986 as amended from time to time which apply to governmental plans (including but not limited to 401(a) and 401(f)) and does not further the purposes behind the retirement systems.
History of Section. (P.L. 1994, ch. 413, § 1.)
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