Except as herein provided, no transfer of accumulated contributions of the city shall be made on account of the withdrawal of accumulated contributions by a member, or on account of the death of a member which does not qualify for an allowance under this chapter, but upon the death or retirement of a person who is a member under Articles III, IV and VI of this chapter, accumulated contributions of the city previously held for the benefit of such member, actuarially equivalent to that portion of the allowance granted to him or her or to his or her beneficiary, which is chargeable to service rendered as a member of the retirement system, shall thereafter be included in the amounts available to meet the obligation of the city on account of prior service to members.
Upon the withdrawal of accumulated contributions by a person who is a member under Article V of this chapter, the accumulated contributions of the city made on behalf of said person, as determined by the board, shall be used together with other available member and city contributions, to meet the obligation of the members and the city to pay the allowances and benefits provided by Article V of this chapter. (Prior code § 34.11.1107)