Redeposit of withdrawn contributions.
San José Municipal Code § 3.24.790
in effect3.24.790 - Redeposit of withdrawn contributions.
A member to whom this part applies may redeposit in the retirement fund, in one sum or in not to exceed thirty-six monthly or seventy-two semimonthly payments:
A. An amount equal to the accumulated contributions that he has withdrawn at one or more terminations of service, but in reverse chronological order in which they occurred, and subject to minimum payments fixed by the board; and
B. An amount equal to additional interest which would have been credited to his account at the date of the election, had such contribution not been withdrawn; and
C. If he 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 such election, at the rate of interest currently being used from time to time under the system.
(Prior code § 2904.83r.)
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_CH3.24RESYSUJU11951_PT8MECOAFEFDA_3.24.790REWICOFetched: 11/1/2026