Membership of an employee in the System terminates upon:

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1.  The death of a member.

2.  The withdrawal of contributions from a member’s account.

3.  Receipt of retirement allowances by a member.

4.  Receipt of disability allowances by a member. A retired employee is not entitled to any right conferred by this chapter upon a member unless the provision conferring that right expressly states that it is conferred upon a retired employee.