California Education Code

§ 24616

EDC § 24616 Effective Jan 1, 2023Div. 1 · Title 1 · Part 13 · Ch. 31

Statute text

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.

Legislative history

Amended by Stats. 2022, Ch. 754, Sec. 10. (AB 1667) Effective January 1, 2023.