(a) Upon the termination of all employment to perform creditable service subject to coverage under the plan for a reason other than retirement, disability, or death, a member shall be eligible for a termination benefit under the Defined Benefit Supplement Program. (b) A member shall submit an application for a termination benefit on a form prescribed by the system. If a member submits an application for a refund of contributions under the Defined Benefit Program, pursuant to Section 23103, that application shall also be deemed an application for a termination benefit. If a member cancels the application for a refund of contributions under the Defined Benefit Program, the application for the termination benefit shall also be deemed to have been canceled. (c) The memberâs employer or employers shall certify in a format prescribed by the system that the memberâs employment has been terminated, unless the memberâs termination of employment occurred 12 consecutive months or more prior to the date the application for a termination benefit is received by the systemâs headquarters office. (d) The termination benefit shall be a lump-sum payment that is equal to the balance of credits in the memberâs Defined Benefit Supplement account. (e) Upon distribution of the termination benefit, no further benefit shall be payable to the member or the memberâs beneficiary under the Defined Benefit Supplement Program. (f) A partial distribution of the balance of credits in a memberâs Defined Benefit Supplement account shall not be made, except as provided in Section 25009, 25015, 25016, or 25022.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.