Section 20750 Of Article 5. Redeposit Of Contributions From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 8. >> Article 5.
20750
. Subject to regulations adopted by the board, a member may
file an election with the board to redeposit in the retirement fund,
in a lump sum or by installment payments, (1) an amount equal to the
accumulated contributions that he or she has withdrawn at one or more
terminations of service, or for one withdrawal at a time, but in
reverse chronological order in which they occurred, and (2) an amount
equal to the interest that would have been credited to his or her
account to the date of completion of payments had the contributions
not been withdrawn, and (3) if he or she elects to redeposit in other
than one sum, interest on the unpaid balance of the amount payable
to the retirement fund, beginning on the date of the election to
redeposit, as if the member interest crediting rate in effect on the
date of the election to redeposit had been and continued to be in
effect through the completion of the payments.