Section 21200 Of Article 7. Reinstatement From Retirement From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 12. >> Article 7.
21200
. When any person is reinstated from retirement under this
article, his or her retirement allowance shall be canceled
immediately, and he or she shall become a member of this system as of
the date of reinstatement. His or her individual account shall be
credited with an amount that is the actuarial equivalent of his or
her annuity at the date of reinstatement, not to exceed the amount of
his or her accumulated contributions as it was at the date of
retirement. His or her future rate of contributions and his or her
retirement allowance upon subsequent retirement shall be determined
in accordance with Chapter 8 (commencing with Section 20670) and
Chapter 13 (commencing with Section 21250), respectively.
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.