Cal. Ed. Code § 24616

Current through the 2024 Legislative Session.

Section 24616 - Overpayments to be deducted from any subsequent benefit

Any overpayment made to or on behalf of any member, former member, or beneficiary, including, but not limited to, contributions, interest, benefits of any kind, federal or state tax, or insurance premiums, shall be deducted from any subsequent benefit that may be payable under either the Defined Benefit Program, the Defined Benefit Supplement Program, or the Cash Balance Benefit Program, except as provided in Section 24616.2. These deductions shall be permitted concurrently with any suit for restitution, and recovery of overpayment by adjustment shall reduce by the amount of the recovery the extent of liability for restitution.

Ca. Educ. Code § 24616

Amended by Stats 2022 ch 754 (AB 1667),s 10, eff. 1/1/2023.

Amended by Stats 2010 ch 207 (AB 2260),s 24, eff. 1/1/2011.

Amended by Stats 2003 ch 859 (SB 627),s 27, eff. 1/1/2004.

Amended by Stats 2000 ch 1021 (AB 2700), s 43, eff. 1/1/2001.