The Retirement System shall bill the State Insurance Fund corporation for the total cost of the Early Retirement Program provided in this chapter, which shall be made from the revenues of the Corporation.
The payments to the Retirement System of the pension and the contributions shall be made prior to the 15th of July of each fiscal year for a maximum of five (5) years commencing in the year 2000.
History —July 13, 2000, No. 119, § 11.