Section 21172 Of Article 6. Disability Retirement From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 12. >> Article 6.
21172
. If the retirement allowance of any person retired for
disability is canceled for any cause other than reentrance into state
service, and if he or she does not reenter state service, an amount
that is the actuarial equivalent of his or her annuity at
cancellation, based on a disabled life, but not exceeding the amount
of his or her accumulated contributions at the time of his or her
retirement for disability, shall be credited to his or her individual
account, and shall be refunded to him or her unless he or she
elects, under Section 20731, to allow his or her accumulated
contributions to remain in the retirement fund.
The actuarial equivalent under this section shall be adjusted by
the board every 10 years, or more frequently, to agree with the
interest rate and mortality tables in effect at the commencement of
each such 10-year or succeeding interval.