(a) Persons employed by the City, who are not members of a recognized bargaining unit, and not employed by the Board of Hospital Managers, as of the effective date of this amendment, who have previous City employment funded pursuant to the Comprehensive Employment and Training Act (CETA), for which they have not received retirement credit, may, within one year following the effective date of this amendment, elect to receive credit, for retirement purposes only, for the above previous employment. Credit shall be given only upon payment to the retirement system of a contribution calculated on the same basis as if employee contributions had been made to the system at the same time as the compensation was received and shall include interest equivalent to that which would have accumulated had the contributions been originally made to the system.
(b) The contribution shall be made in one installment, payable not later than five years from the date of election.
(Ord. 3075, passed 10-10-1988; Ord. 3083, passed 11-28-1988)