SECTIONS 24700-24706 - California Statutes

EDUCATION CODE

SECTION 24700-24706

24700. On July 1, 1972, and thereafter all persons who first enter
employment in the San Francisco Unified School District or the San
Francisco Community College District to perform creditable service
subject to coverage under the Defined Benefit Program are members of
the plan in accordance with Section 22501. These new members are
excluded from coverage under Subchapter II (commencing with Section
401) of Chapter 7 of Title 42 of the United States Code, for service
performed as a member of the plan.

24701. Those credentialed members of the San Francisco Employees'
Retirement System on June 30, 1972, who make an irrevocable election
to be covered only by the State Teachers' Retirement Plan under this
part for prior and future service performed in San Francisco, shall
be allowed to be covered for other certificated service concurrently,
where the provisions of the city and county charter permit. This
shall not include any credited service, as defined in Section 22121.

24702. (a) All persons on the San Francisco system retired rolls on
June 30, 1972, shall remain on the local rolls. The State Teachers'
Retirement System shall continue the subvention in Section 24706 for
those persons, shall apply the percentage update and annual
improvement factor to payments being made under the Defined Benefit
Program directly to those persons, and shall pay the retired death
payment upon their death.
(b) The allowance that would have been payable had the member
retired solely under the Defined Benefit Program, including the
percentage update calculated under Sections 14332, 14333, and 14334,
as enacted by Chapter 2 of the Statutes of 1959, as those sections
read on December 31, 1974, shall be taken into account in computing
the amount of increase for the ten dollar ($10) a month per year of
service minimum unmodified allowance.

24703. Persons who select to be covered only by the Defined Benefit
Program and already have credit for classified or other
noncertificated service in the San Francisco system shall not have
that credit transferred to the Defined Benefit Program.

24704. The San Francisco Employees' Retirement System shall provide
concurrent retirement benefits for classified and other
noncertificated service in the San Francisco system according to the
provisions applicable to miscellaneous employees of the time of the
concurrent retirement for:
(a) Members of that system who transfer to the Defined Benefit
Program after June 30, 1972.
(b) Persons who were members of both the San Francisco system and
the Defined Benefit Program on June 30, 1972.
(c) A person who could have qualified under subdivision (b) if he
or she had not taken a refund from either the San Francisco system or
the Defined Benefit Program, but not both, provided the person
qualifies for and redeposits prior to retirement.

24705. Notwithstanding the provisions in Section 24201, a member of
the San Francisco system may retire concurrently and receive credit
for service performed in other states of the United States, its
territories and possessions, and in Canada.

24706. The system shall pay from the fund to the San Francisco
Unified School District and the San Francisco Community College
District the amounts due for subventions required prior to July 1,
1972, on account of persons who retired or died prior to that date.