I. Notwithstanding any provisions of RSA 100, RSA 100-A, or N.H. Rev. Stat. Chapter 192 to the contrary, every currently active teacher teaching during the 1984-85 school year who was in service prior to July 1, 1950, but who was not in service on July 1, 1950, and who subsequently reentered service as a teacher after that date, shall be permitted to acquire full credit for all service rendered prior to July 1, 1950, as provided in paragraphs II and III. Such teachers shall be eligible for such benefits as are provided for group I members under this chapter including credit for such prior service as is allowable under paragraphs II and III, as if they had become members of the New Hampshire teachers’ retirement system at its inception, and prior to its merger with the retirement system.
II. Every currently active teacher teaching during the 1984-85 school year as set forth in paragraph I whose prior service does not include credit for service as a teacher which he performed between July 1, 1945, and June 30, 1950, shall be permitted to acquire full credit for all service rendered between those dates by filing written notice with the board of trustees between July 1, 1985, and June 30, 1986, and paying the amount, not to exceed $100 per year, which he would have paid to the former New Hampshire teachers’ retirement system, RSA 192, to acquire such credit had he been a member of that predecessor system on July 1, 1950.
III. Every currently active teacher teaching during the 1984-85 school year as set forth in paragraph I whose prior service does not include credit for service as a teacher which he performed before July 1, 1945, shall receive credit for all service rendered before July 1, 1945, without any payment by the teacher.