| | 2. Employee who is participating member. An employee who | is a participating member of the retirement system and who | wishes may elect to withdraw from cease contributions to the | system may and, at the employee's discretion, may withdraw | accumulated contributions in accordance with the procedures in | section 18306. |
|
| | 3. Employee who has previously ceased contributions. An | employee who has previously withdrawn from elected to cease | contributions to the retirement system, whether or not | accumulated contributions have been withdrawn, may choose to | rejoin the system within 3 years of withdrawal at any time | under the following conditions. |
|
| A. The If the employee withdrew accumulated contributions | and is rejoining the system within 3 years of the date | that a refund was paid under section 18306, the employee | must repay to the retirement system an amount equivalent | to the withdrawn accumulated contributions plus the amount | of interest which that would be required of any terminated | employee who had become reemployed and had elected to | rejoin the retirement system and to repay the | contributions. |
|
| A-1.__If the employee withdrew accumulated contributions | and is rejoining the system more than 3 years from the | date that a refund was paid under section 18306, the | employee may not repay to the retirement system the | contributions withdrawn under subsection 2. |
|
| B. The employer must still be a participating local | district allowing new membership in the retirement system. |
|
| | 4. Employee who has previously withdrawn rejoins after 3 | years. An employee who has previously withdrawn from the | retirement system may choose to rejoin the system after 3 | years of withdrawal under the following conditions. |
|
| A. The employee may not repay to the retirement system | the contributions withdrawn under subsection 2. |
|
| B. The employer must still be a participating local | district allowing new membership in the retirement system. |
|
| | 5. Limit on right to rejoin. The right of an employee to | rejoin under either subsection 3 or 4 is limited to one | occurrence. |
|
| | 6. Restoration to service. If any person who is the | recipient of a service retirement benefit is covered by the | United States Social Security Act upon being restored to | service, continuation of that person's benefit is governed by | the following. |
|
|