(a) The Board of Trustees shall reduce a member's allowance if the member: (1) received any accumulated contributions, other than additional contributions, in connection with a prior separation from employment; (2) is credited with prior eligibility service; and (3) does not repay, with interest to the date of retirement, the amount received. (b) A reduction under subsection (a) of this section shall equal the actuarial equivalent of the amount, including interest, that is not repaid.
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