Statute · California Education Code

Cal. Educ. Code § 23100 — Refund of Contributions

Cal. Educ. Code § 23100

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Upon termination of employment, a member may elect to be paid, pursuant to this part, each of the following:

Citator

Cal. Educ. Code § 23100 — Refund of Contributions is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Upon termination of employment, a member may elect to be paid, pursuant to this part, each of the following:

(1) The member’s accumulated retirement contributions made after June 30, 1935.

(2) The member’s accumulated annuity deposit contributions.

(3) An amount equal to the balance of credits in the member’s Defined Benefit Supplement account.

(b) Accumulated retirement contributions and accumulated annuity deposit contributions shall include credited interest through the date of payment.

(c) Accumulated retirement contributions shall be reduced by the amount of retirement or disability benefits paid to a member pursuant to this part.