CHAPTER 13. Termination Benefit [27200. - 27207.]

Chapter 13 added by Stats. 1995, Ch. 592, Sec. 16.

§§ 27200–27207 · 8 sections

• § 27200 Upon termination of all creditable service subject to coverage by the plan under this part and Part 13 (commencing with Section 22000) for any reason other…
• § 27201 (a) All creditable service subject to coverage by the Cash Balance Benefit Program and the Defined Benefit Program, which does not include retired member…
• § 27202 A participant shall apply for a termination benefit under this part on a form prescribed by the system.
• § 27203 A participant may not apply for a termination benefit under this part if less than five years have elapsed following the date the most recent termination…
• § 27204 (a) The termination benefit under this part shall not be payable before 180 calendar days have elapsed following the date of termination of employment. (b)…
• § 27205 A participant may cancel the application for a termination benefit under this part at any time prior to distribution of the benefit.
• § 27206 No partial distribution shall be made from an employee account or employer account.
• § 27207 Upon distribution of the lump-sum payment to the participant under this part, no further benefits shall be payable from the plan under this part.