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Sec <br /> <br /> (d) ~e allocation of assets of the sysvem provided for in sub- <br />section (2) of th~is scorpion shsl! be carried out thmo~J~a the pay- <br />ment by the board of the benefits provided for in this section as <br />they become due ~ or by the trsmsfer of such assess to ax~ ret~mement <br />system replaci~ t_~s sys.~em~ pro~ded~ that such vestir~ of benefits <br />as provided by this section shall be fully ~aintained ~nder such new <br />ret-i~-ement system~ ~_y £mhds re~ir~rg in the assets of this sysvem <br />a?ter all of the vested benefits provided by this section have been <br />paid shall revert ye the general frond. <br /> <br /> (e) ~my allocation of assets m~de in accordance with the ~rovi-. <br />sions of t~ section shall be f~r~± and b~nazng on a~± persor~ en~ <br />titled to benefits '~mder such p_revisions. <br /> <br />26-i9, Persons co_mprisir~ membersb4po <br /> <br /> Membership in the sysvem as of any date after J,aae 30~ 1967, <br />shall consist of all then e~ioyees exce~ot those who had a~zained <br />their norP~t retiremenv date at date of staple}yacht, ~nd all fo~er <br />enp!oyees ~'~no were a~ sany t~me members of the sys'~em sand whose <br />membership in the sysvem had not then terr.~nated u_nder the erovisions <br />hereof. <br /> <br />Sec. 26-20. Cessation of me~ership~ <br /> <br />(a) ~ne membership of sm~ person in the sysvem shall cease: <br /> <br />(1) Upon his ters_iP.~tion of service as san enploye% other <br /> them by retiremenv~, before he bras both attsined age <br /> fifty a~ad completed a5 least twenty years of creditable <br /> service ~ or <br /> <br />(2) Upon the cessation of bis ret~_~ement aliowsance~ unless <br /> in SUCh event he ~edi~eiy again becomes a~n e~loyee~ or <br /> <br />(3) Upon bf~s death3 <br /> <br />provided~ however~ that for the pu=l}oses of this section entering <br />u_pon authorized leave of absence or into service in 'she sidled forces <br />of the United States shall not corstitute te2~s~nation of <br />ss_ e}ployee sunless the member does not re-enter service as <br />at the' e×piration of the period of authoPized leave or ~.~_thin <br />after honorable disc~harge from the arm. ed forces ~ as the ease <br /> <br />ce as <br />ex.~o~ loyee <br />one year <br />ay be. <br /> <br /> (b) Should any person tensirate service as ar. esploye% ther <br />thane by retiremen~ ~m~d. er the provisions of this ar. tic!e~ a~nd hould <br />such person as zany tiptoe again become am. e~ployee~, whether or nos his <br />membershie continued~ he shall for all pu~p. oses of this article be <br />cos~sidered a new e~ioyee sand ~ new member.~ a~nd a~y ber~efits becomlPa <br />payable under the provisions of this article shall be <br />separately for each period of service. <br /> <br /> <br />