Statute · California Government Code

Cal. Gov't Code § 22970.80 — Eligibility for Distribution

Cal. Gov't Code § 22970.80

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2000-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Upon termination for any reason other than death, disability, or retirement, a participant is entitled to a lump sum distribution of the balance of the participant’s account within a reasonable time following the valuation date immediately following the date of the application.

Citator

Cal. Gov't Code § 22970.80 — Eligibility for Distribution is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Upon termination for any reason other than death, disability, or retirement, a participant is entitled to a lump sum distribution of the balance of the participant’s account within a reasonable time following the valuation date immediately following the date of the application.

(b) Application for a distribution for termination of employment shall be made on a distribution request form and in the manner prescribed by the board.

(c) All employers with which the participant is employed as a member of the system shall certify on a form prescribed by the board that the participant’s employment has terminated.