Election to purchase prior service credit.
San José Municipal Code § 3.28.2540
in effect3.28.2540 - Election to purchase prior service credit.
A. The secretary of the retirement board shall cause written notice to be personally delivered or mailed to each member who has eligible prior service, informing such member of his or her rights under this part. If mailed, such notice shall be mailed to the member at the latest address as shown in the records of the human resources department of the city.
B. If the member wishes to purchase credit for eligible prior service, the member shall file a written notice of election to do so with the secretary of the retirement board.
C. If the member elects to pay the contributions and interest in installments, or if the member elects to make the lump sum payment by payroll deduction, the member shall execute a binding irrevocable payroll authorization form authorizing the payment of the required contributions and interest by payroll deductions. The payroll authorization form shall be filed with the director of finance.
D. If a member does not file the notice of election or the payroll authorization form, or elects to pay required contributions in a manner or at a time or times not authorized by this part, that member shall be deemed to have elected not to purchase credit for eligible prior service and shall be deemed to have elected not to have the prior service credited to him or her.
E. The election to purchase credit for eligible prior service through payroll deductions and the authorization to make contributions by payroll deductions shall be irrevocable. During the time the irrevocable election is in effect, no direct payments from the member to the retirement fund shall be made by the member or accepted by this system.
(Ord. 25732.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.281975FEEMREPL_PT22PUPRSECR_3.28.2540ELPUPRSECRFetched: 11/1/2026
