§ 553.3. Vesting of Benefits Upon Certain Events.
2 CA ADC § 553.3Barclays Official California Code of Regulations
Barclays California Code of Regulations
Title 2. Administration
Division 1. Administrative Personnel
Chapter 2. Board of Administration of Public Employees' Retirement System
Subchapter 1. Employees' Retirement System Regulations
Article 1.5. Plan Qualification Requirements for the Public Employees' Retirement Fund
2 CCR § 553.3
§ 553.3. 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 and 20341 of the Government Code, as applicable.
Credits
Note: Authority cited: Section 20121, Government Code. Reference: Sections 20170, 20171 and 21350, Government Code; Section 411(d)(3), Title 26, United States Code; and 26 C.F.R. part 1.411(d)-2.
History
1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 2, § 553.3, 2 CA ADC § 553.3
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