(A) A former member receiving an age and service retirement allowance from the public employees retirement system, and hereafter referred to as a retirant, may be employed, notwithstanding sections 145.38 and 145.46 of the Revised Code, if his later employment has been in a position described in any of the following categories:
(1) A position authorized by section 101.31, 121.03, or 121.04 of the Revised Code;
(2) A position to which appointment is made by the governor with the advice and consent of the senate;
(3) The head of a division of a state department.
A retirant employed in such a category is entitled to a retirement allowance based on his total contributions and service credit accrued during all service as a public employee.
(B) Upon his later retirement, the retirant may elect to receive retirement benefits based upon his original service and his service after re-entering public service by selecting any of the optional benefit plans specified in section 145.46 of the Revised Code.
Effective Date: 07-29-1992.