73. For the purposes of this division, subject to sections 68 and 76, contributions include all amounts paid by the employee and all amounts from which the employee was exempt under this plan or under any other pension plan from which the employee’s service was transferred to this plan excluding, however, all contributions deducted in excess for any year subsequent to the year 1986. Contributions also include the interest, if any, accrued on those amounts in accordance with the relevant pension plan. However, if, when service was transferred on an actuarially equivalent basis, the total amount of accumulated contributions exceeded the actuarial value of the benefits accrued under the new pension plan, contributions do not include the amount by which the total accumulated contributions exceed the actuarial value of the benefits accrued.
2001, c. 31, s. 73; 2004, c. 39, s. 235.