(1) Authorized leave of absence shall include leave for military service as allowed by the board. The board shall adopt rules regarding authorized leave of absence for military service, including, but not limited to: (a) Limits on the length of the term of the leave of absence; (b) Assessment of costs for coverage during the leave of absence; and (c) Any other matter that the board deems necessary for coverage under the statewide death and disability plan. (2) The benefits payable to the member, the surviving spouse of the member, and the dependent children of the member pursuant to this part 8 shall be reduced by an amount that is the actuarial equivalent of any military benefit received as a result of the death or disability of a member while on authorized leave for military service whether the benefits are paid on a periodic basis or in a lump sum.
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