Any member eligible to make the election provided in Section 2.124.1740 of this chapter shall do so in the manner hereinafter provided.
The election by a member of the system who is a member of the equal shares plan on November 28, 1977, shall be irrevocably exercised not sooner than November 28, 1977, nor later than December 27, 1977, on such forms and in such manner as may be provided by the retirement system manager.
The election by a member who is a member of the system under Articles III or IV of this chapter shall be irrevocably exercised in such manner and at such time as may be provided by the manager; provided, however, that the election shall be made during a thirty (30) day period.
The effective date of such election shall be deemed to be January 1, 1977, and the member's cost-of-living contribution shall be adjusted by the manager retroactively to said date. (Prior code § 34.09.907)