§ 23201 Retirement Contribution Redeposit Rules

• •If you took out your retirement money early and later want to put it back, you can.
• •You have to pay back the money you took out, plus interest, to get your retirement benefits again.
• •You don’t need to be working to do this—just ask to put the money back.
• •This is for people who get or will get retirement money from certain California retirement plans.

Imagine you worked for the state for 5 years, then quit and took out your retirement savings. Later, you decide you want to retire with state benefits again.

You can pay back the money you took out, plus interest, even if you’re not working for the state anymore. This way, you can still get your retirement benefits when you’re older.