Participation in the police pension fund with respect to the service to be transferred shall terminate on the date
(b) Any person applying to transfer service under this Section may reinstate service that was
terminated by receipt of a refund, by paying to the police pension fund the
amount of the refund with interest thereon at the actuarially assumed rate of interest,
compounded annually, from the date of refund to the date of payment.
(Source: P.A. 95-530, eff. 8-28-07; 96-745, eff. 8-25-09.)