Cal. Code Regs. tit. 2 § 599.163

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

Section 599.163 - 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 and 7522.74 of the Government Code, as applicable.

Cal. Code Regs. Tit. 2, § 599.163

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

Note: Authority cited: Sections 9353, 9354.1 and 20121, Government Code. Reference: Sections 9353 and 9354.1, 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).