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(2) <br /> <br />Soeia! Sec~m~ity option, if a membe_~~ retires prior tc his <br />nora_al retireme~ ©mt% he may elect to receive mn increased <br />retirement ailo:~m_r~ce un to b£[s mozmal retireme~s date and a <br />decreased retirement gl!owe_ncc there~%er~ thereby providing <br />a more nesrty level retirement 'ai!o~,$m_ce when such decreased <br />ret~,ement allowance is added to ~is anticipated pr~%~ <br />benefits ~mder the Federal Social Security Act~ ~ne election <br />of this o~tion shall autom~ticaily revoke any pre~ious <br />election ~mnder the joint mad last su~¥ivor optio~ of <br />graph (1) of this sub~ection, <br /> <br />(3) <br /> <br />Other options. Such other benefit or benefits shall ce paid <br />either ye the ~smber or to such person or persons as he shall <br />elect. <br /> <br /> (b) ?ne election by a men%er of ~ny one of the options stated in this <br />section shall be null ~nd void if the m~fee_r dies crier to retiremenv~ <br />sr_~d vhe election of a me,Seer of the option sts£ed in psma~aph (1) of <br />s~£osection (a) of th_is section shall be nd_ll ~ad void if the desig~mted <br />person dies before the member's retireraent. <br /> <br /> (c) A ma?,ber who hms elected smy one of the o~tions stated in <br />tb~s section mmy~ at s~ny time ~rior uo the later of the effective, date <br />of the mef~berts retirement or the date of v~ivten notification ye the <br />board of retirement of the mez~ber~ revoke such mn election by v,.~it- <br />~e~% notification ~o the board~ <br /> <br />Sec° 26-45, Cessation of disability retirement ailowan6e. <br /> <br /> Should any me~ser receivir~ a disability retirement ailo~nce be <br />at stay tZme prior to his r:~.i retirement c!ate in service~ his dlsa- <br />bi~ty retiremenn ai!o~mce sbmll cease sad he s?ml! thereafter res-~e <br />his active membership ~_n the system f~ny service on the basis of which <br />his ~sgoility ret~ncement alio~ance was computed shall thereafter be <br />co'~nted as creditsfole ser.-~ice and~ in addition~ the neriod of disa- <br />bility retiremenv sbal! be comnted as creditable ser~¢ice. <br /> <br />Sec~ 26-48. E~afJ~mltions. <br /> <br /> As used in this artic!% u~tess othe~,~ise required by the con- <br />te×t~ the foiio~,~ng words ~nd uerms sbmli have the n~eanL~g indicated: <br /> <br /> Accumulated cont~_butioD£. _~,~e term ~:acc~Ynulated eontributior~s <br />shall be t~J<. en to meson the s~am of all amo~s~vs deducted from the com- <br />pensation of a member as contributions to the system~ together ~elth <br />interest thereon ay the rate of two percent per ama-~ from the end <br />of the fiscal year in ~i~ich each such contribution was ~ame. <br /> <br /> <br />