(

a) A service retirement allowance under this part shall become effective upon any date designated by the member, provided all of the following conditions are met:

(1) An application for service retirement allowance is filed on a form provided by the system, which is executed no earlier than six months before the effective date of retirement allowance.

(2) The effective date of a member who files an application for retirement pursuant to

Section is no earlier than calendar days prior to when the application for service retirement is received by the system.

(3) The effective date is later than the last day the member earned creditable compensation pursuant to

Section 22119.2 or 22119.3.

(4) The effective date is no earlier than one day after the date on which the retirement allowance was terminated under

Section 24208.

(5) The effective date is no earlier than one year following the date on which the retirement allowance was terminated under subdivision (

a) of

Section 24117.

(6) The effective date is no earlier than the date upon and continuously after which the member is determined to the satisfaction of the board to have been mentally incompetent.

(7) The effective date is no earlier than one day after the date upon which the member completes payment of a service credit purchase pursuant to

Section 22801, 22820, or 22826, or payment of a redeposit of contributions pursuant to

Section 23200, except as provided in

Section or 22829. (

b) A member who files an application for service retirement may change or cancel their retirement application if all of the following are met:

(1) The form provided by the system is received by the system no later than days from the date the member’s initial benefit payment for the member’s most recent retirement under the Defined Benefit Program is paid by the system.

(2) The member returns the total gross distribution amount of all payments for any canceled benefit, including a lump-sum payment being changed to an annuity, to the system no later than days from the date of the member’s initial benefit payment. The member shall be liable for any adverse tax consequences that may result from these actions. (

c) Nothing in this

section shall be construed to allow a member to receive more than one type of retirement or disability allowance for the same period of time by virtue of the member’s own membership. (d)

(1) The board shall determine a date based on when the system has the capacity to implement the changes made by the act that added this subdivision. The date determined by the board shall be posted on the website of the system no later than January 1, 2026.

(2) This

section shall become operative on the date determined by the board pursuant to paragraph (1).