Cal. Code Regs. tit. 2 § 599.123

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 599.123 - Vesting of Benefits upon Certain Events

A member's right to his or her accrued benefits shall become nonforfeitable on (a) attainment of the normal retirement age required to entitle such a member to receive a service retirement allowance or (b) termination of the plan, to the extent funded, subject to Sections 7522.70, 7522.72, 7522.74, 75033.1 and 75033.2 of the Government Code, as applicable.

Cal. Code Regs. Tit. 2, § 599.123

1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).

Note: Authority cited: Sections 20121 and 75005, Government Code. Reference: Section 75005, Government Code; Section 411(d)(3), Title 26, United States Code; and 26 C.F.R. part 1.411(d)-2.

1. New section filed 2-23-2015; operative 4/1/2015 (Register 2015, No. 9).