Statute · California Government Code

Cal. Gov't Code § 22960.86 — Benefits

Cal. Gov't Code § 22960.86

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1998-09-25
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Upon separation from all service for the employer, a participant may apply for a retirement benefit, provided the retirement date is no earlier than the date on which the participant attains the normal retirement age. The retirement benefit is a distribution of the balance of the…

Citator

Cal. Gov't Code § 22960.86 — Benefits is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Upon separation from all service for the employer, a participant may apply for a retirement benefit, provided the retirement date is no earlier than the date on which the participant attains the normal retirement age. The retirement benefit is a distribution of the balance of the participant’s account as of the first valuation date immediately following the date of the application.

(b) Application for a retirement benefit shall be made on an application form prescribed by the board.

(c) The employer shall certify on a form prescribed by the board that the participant’s employment has terminated.