Section 11084 - Retirement Practices(a) Mandatory Retirement--Generally. Generally, it is discrimination on the basis of age for a private employer to discharge or force the retirement of an employee because such employee has reached a certain chronological age over 40.(b) Retirement Plans Generally. Generally, any provision in a private employer's retirement plan, pension plan, collective bargaining agreement or similar plan or agreement that requires mandatory retirement of an employee over 40 years of age is unlawful.(c) Mandatory Retirement Permitted. Mandatory retirement of the following employees is not unlawful: (1) Any employee who has attained 65 years of age and who for the two year period immediately prior to retirement, was employed in a bona fide executive or high policymaking position, providing that at the time of mandatory retirement, the employee is entitled to receive an immediate non-forfeitable annual retirement benefit from the current employer, which equals a minimum of $27,000.00, and is either derived from one or a combination of plans such as profitsharing, pension, savings, or deferred compensation plans.(2) Any employee who has attained 70 years of age and is a physician employed by a professional medical corporation, the articles or bylaws of which provide for compulsory retirement.Cal. Code Regs. Tit. 2, § 11084
1. Change without regulatory effect renumbering former section 7296.0 to new section 11084 and amending section filed 10-3-2013 pursuant to section 100, title 1, California Code of Regulations (Register 2013, No. 40). Note: Authority cited: Section 12935(a), Government Code. Reference: Sections 12941 and 12942, Government Code.
1. Change without regulatory effect renumbering former section 7296.0 to new section 11084 and amending section filed 10-3-2013 pursuant to section 100, title 1, California Code of Regulations (Register 2013, No. 40).