“Termination benefit” means a benefit equal in amount to the balance of credits in the member’s Defined Benefit Supplement account that is payable to the member in a lump-sum when the member has terminated all employment to perform creditable service subject to coverage by the plan.
Cal. Educ. Code § 22176
Definitions
Known as the E. Richard Barnes Act
The act spans §§ 22000–25115 (716 sections).
Added by Stats. 2000, Ch. 74, Sec. 22
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.