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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - California Code, Government Code - GOV § 22970.80 - last updated January 01, 2025 | https://codes.findlaw.com/ca/government-code/gov-sect-22970-80/
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