The board may, in its discretion, transfer the accumulated contributions of a nonvested
member of a defined benefit system or plan to the pension trust fund of the system
or plan in which the member is participating if the member has not participated in
the system or plan as an employee for a period of 10 years. Rights of the member may not be jeopardized by the transfer, and the accumulated contributions
must be transferred to the member's name upon subsequent return to service or subsequent
application for refund.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.