State Teachers Retirement System; Concurrent Membership
"Concurrent membership" means membership in the Defined Benefit Program by an individual who is credited with service that is not used as a basis for benefits under any other public retirement system and is also a member of the California Public Employees' Retirement System, the Legislators' Retirement System, the University of California Retirement System, county retirement systems established under Chapter 3 (commencing with Section 31450) of Part 3 of Division 4 of Title 3 of the Government Code, or the San Francisco Employees' Retirement System. A member with concurrent membership shall have the right to the following:
(a) Have final compensation determined pursuant to subdivision (d) of Section 22134 or subdivision (d) of Section 22134.5.
(b) Redeposit accumulated retirement contributions pursuant to Section 23201.
(c) Apply for retirement pursuant to paragraph (2) of subdivision (a) of Section 24201.
(Amended by Stats. 2016, Ch. 218, Sec. 5.)