768a

Any participant who opts for a transferred annuity after the date of coordination with Social Security, and whose annuity is recomputed pursuant to the provisions of § 766(e) of this title upon reaching the age of 65, and becomes fully insured and is thus eligible for Social Security benefits, shall have his/her transferred annuity recomputed on the basis of the resulting recomputed retirement annuity. A new transferred retirement annuity benefit shall be established in this case in harmony with the reduction of the annuity resulting from the application of the provisions of said section. History —May 15, 1951, No. 447, p. 1298, added as § 8-A on June 20, 1956, No. 70, p. 292, § 3; June 29, 1968, No. 160, p. 512, § 1; renumbered as § 2-106 and amended on Sept. 24, 1999, No. 305, § 15.

Any participant who opts for a transferred annuity after the date of coordination with Social Security, and whose annuity is recomputed pursuant to the provisions of § 766(e) of this title upon reaching the age of 65, and becomes fully insured and is thus eligible for Social Security benefits, shall have his/her transferred annuity recomputed on the basis of the resulting recomputed retirement annuity. A new transferred retirement annuity benefit shall be established in this case in harmony with the reduction of the annuity resulting from the application of the provisions of said section. History —May 15, 1951, No. 447, p. 1298, added as § 8-A on June 20, 1956, No. 70, p. 292, § 3; June 29, 1968, No. 160, p. 512, § 1; renumbered as § 2-106 and amended on Sept. 24, 1999, No. 305, § 15.

Any participant who opts for a transferred annuity after the date of coordination with Social Security, and whose annuity is recomputed pursuant to the provisions of § 766(e) of this title upon reaching the age of 65, and becomes fully insured and is thus eligible for Social Security benefits, shall have his/her transferred annuity recomputed on the basis of the resulting recomputed retirement annuity. A new transferred retirement annuity benefit shall be established in this case in harmony with the reduction of the annuity resulting from the application of the provisions of said section. History —May 15, 1951, No. 447, p. 1298, added as § 8-A on June 20, 1956, No. 70, p. 292, § 3; June 29, 1968, No. 160, p. 512, § 1; renumbered as § 2-106 and amended on Sept. 24, 1999, No. 305, § 15.