County employees' retirement: service credit: safety members.

The County Employees Retirement Law of 1937 authorizes a member of that system who becomes a safety member by operation of a specified law to receive service credit, as a safety member, for duties performed, prior to the change in law, which, under current law constitutes service as a safety member. Existing law requires a member that elects to receive the service credit to pay an amount equal to the contributions the member would have made for that service, plus interest. This bill would authorize specified members in the County of Los Angeles that become safety members by operation of a specified consolidation of departments within that county to receive service credit, as a safety member, for duties performed as an officer prior to the consolidation. This bill would require a member that elects to receive the service credit to pay an amount equal to the contributions, together with the regular interest the member would have made for that service, either by a lump sum payment or by installment payments.