§ 23404 Retirement Allowance Termination Credits

• •If someone was getting retirement money before July 1, 1972, and it stops, their account gets some money added back.
• •The amount added is based on how long they were expected to live when they retired (if they retired because of disability) or their normal life expectancy (if they retired normally).
• •The money added can't be more than what they originally put into their retirement account.
• •This rule started on January 1, 1994.

John retired in 1970 because he got hurt at work and started getting retirement money. In 1995, his retirement money stops.

When John's retirement money stops, his account gets some money added back. The amount is based on how long he was expected to live when he retired. But the money added can't be more than what John originally put into his retirement account.