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HomePublic Utilities CodeDiv. 6Ch. 5Art. 2§ 12336 Member Contribution Withdrawal Rules

§ 12336 Member Contribution Withdrawal Rules

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 12336 Member Contribution Withdrawal Rules

Key Takeaways

  • •If you leave the retirement system before retiring, you can get back the money you put in, plus any interest.
  • •You might be able to leave your money in the system even if you stop working, but there are rules for this.
  • •If you leave your money in, you might still get retirement payments later, but only if you follow the rules.

Example

A teacher quits their job before retiring.

The teacher can choose to take back all the money they put into the retirement system, plus interest. Or, if they follow the rules, they can leave the money in and still get retirement payments later.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 12336 Member Contribution Withdrawal Rules

If any member withdraws from the retirement system prior to retirement the total amount contributed by him with such interest as may be credited thereto shall be returned to him; provided, however, that the board may prescribe the terms and conditions upon which a member, whose district service is terminated except by death or retirement, may elect to leave his contributions and interest thereon in the retirement fund, and the terms and conditions upon which a retirement allowance may be made to him after such termination based upon his contributions prior to such termination. (Amended by Stats. 1953, Ch. 808.)

Last verified: January 23, 2026

Key Terms

withdrawsretirement systemcontributionsretirement allowance

Related Statutes

  • § 25336 Retirement Contribution Withdrawal Rules
  • § 28895 Member Contribution Withdrawal Rules
  • § 25334 Retirement System Contributions
  • § 28892 Retirement Contribution Requirements
  • § 12332 Prior Service Retirement Credit

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 12336.
View Official Source