2.124.1540   Members transferred to the county prior to July 1, 1970-Time and effect of election of option.
   A.   Any eligible member may irrevocably elect to receive those benefits provided in Section 2.124.1530 of this chapter, and such election shall terminate the right to receive any and all benefits provided to such eligible member upon retirement for service, upon taking a deferred retirement, or upon death either before or after qualification, for service retirement or after such retirement, pursuant to Sections 2.124.1420 to 2.124.1510 of this chapter, but shall not in any manner effect the rights of such eligible member to the benefits provided by said Sections 2.124.1420 to 2.124.1510 if such eligible member should retire for disability or cease to be employed by Sacramento County through any cause other than death or retirement.
   B.   In the event an eligible member shall die or have died after July 1, 1970, and prior to the expiration of that period of time in which such member may elect to receive those benefits provided in Section 2.124.1530 of this chapter as set forth in subsection A of this section, then the surviving spouse of such eligible member may make the election as provided herein in the same manner and upon the same terms as the eligible member could have done had he or she lived. The benefits to which the surviving spouse shall then be entitled shall be determined on the same terms and conditions as are applicable to the surviving spouse of any eligible member as provided in this article.
   C.   The city shall contribute to the Sacramento city employees' retirement system such amounts as may be necessary, when added to all the accumulated contributions of the eligible members to said system (exclusive of any excess contributions credited to the account of such members pursuant to Sections 2.124.1420 to 2.124.1510 of this chapter) to provide the benefits payable to or on account of such eligible members as provided by this section. The provisions of Section 2.124.920 of this chapter shall not be applicable to the funding of said benefits. (Prior code § 34.07.712)