Section 24751 Of Chapter 33. Los Angeles Unified School District Plan From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 33.
24751
. Those members who took a refund of their accumulated
retirement contributions from the former Los Angeles Unified School
District Retirement System or the former Los Angeles Community
College District Retirement System or the San Francisco Employees'
Retirement System, prior to July 1, 1972, and who also took a refund
of their Permanent Fund contributions from the State Teachers'
Retirement System with respect to the Defined Benefit Program, and
who redeposited their contributions in the local system but who did
not redeposit their Permanent Fund contributions in the State
Teachers' Retirement System with respect to the Defined Benefit
Program, shall redeposit all or a portion of the accumulated
retirement contributions required to bring the account into full
balance with regular interest from the date of refund to the date of
payment. The redeposit may be made immediately upon notification by
the system and shall be made prior to retirement under this part. The
redeposit shall be made in a lump sum or by installment payments as
specified by the chief executive officer.