This act shall take effect immediately except that: (1) Prior creditable service purchasing and benefits.-- As applicable to members terminating school service on or after March 1, 1974, the provisions relating to the purchase of credit for previous school or creditable nonschool service and the calculation of benefits shall be effective March 1, 1974. (2) Members on leave without pay.-- The provisions relating to the crediting of statutory interest to the accounts of members on leave without pay shall become effective on July 1, 1975. (3) Basic contribution rates and employer contributions.-- The provisions relating to the basic contribution rate of members shall become effective on July 1, 1976 and the provisions relating to the payment of the employer contributions shall become effective on July 1, 1975. (4) Part-time employee membership.-- The provisions relating to membership of part-time employees shall become effective with the beginning of the school year 1975-1976. (5) Eligibility for disability annuities.-- The provisions relating to eligibility for disability annuities shall be effective December 1, 1974. 1976, JULY 9, P.L.965, NO.189
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