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Frequently Asked Questions (FAQ) What are Redeposits?A redeposit is a payment of contributions plus interest for any previous service time. For example, if you left ACERA covered employment in the past and withdrew your retirement contributions plus related interest, you have no retirement service credit for that period of service. You can restore this service credit in full if you redeposit (pay back) these withdrawn contributions, with interest. Your rate of contribution will be based on your age nearest to your date of re-entry into ACERA. For more information, contact the Retirement Office. |
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