Page 274
House Bill No. 5506
Public Act No. 22-118 274 of 739
of determining benefits under subsections (a) to (d), inclusive, of section 10-183g, the percentages utilized in said sections shall be proportionally reduced for each year or portion of a year of service rendered or purchased after July 1, 1977, which is part-time service. Notwithstanding the provisions of [subdivision (4) of] section 10-183b, the average annual salary of a member with part-time service shall be such member's full-time annualized salary [during his three highest years] for the three years in which the member's annual salary was highest. Any benefit awarded pursuant to this section shall be proportional in all respects to the benefit which would have been payable had such service been rendered on a full-time basis. Sec. 187. Subsection (a) of section 10-183jj of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2022): (a) A local or regional board of education may establish a retirement incentive plan for teachers [, as defined in subparagraph (A) of subdivision (26) of section 10-183b,] in its employ who are members of the teachers' retirement system. The plan shall provide for purchase of additional credited service by a board of education and a member of the system who chooses to participate in the plan, of additional credited service for such member and for payment by the board of education of not less than fifty per cent of the entire cost of such additional credited service and payment by the member of the remaining percentage of such total cost. The member shall pay the remaining percentage of such total cost, if any, in one lump sum not later than thirty days after receipt of notification by the Teachers' Retirement Board of the amount owed. Any such plan shall specify a maximum number of years, not exceeding five years, of additional credited service which may be purchased under the plan. Any such plan shall have a two-month application period. Sec. 188. Section 10-183pp of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2022):