Education Code - EDC
TITLE 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]
( Title 1 enacted by Stats. 1976, Ch. 1010. ) DIVISION 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]
( Division 1 enacted by Stats. 1976, Ch. 1010. ) PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM [26000 - 28101]
( Heading of Part 14 amended by Stats. 2009, Ch. 304, Sec. 32. ) CHAPTER 13. Termination Benefit [27200 - 27207]
( Chapter 13 added by Stats. 1995, Ch. 592, Sec. 16. ) 27200.
Upon termination of all creditable service subject to coverage by the plan under this part and Part 13 (commencing with Section 22000) for any reason other than death, disability, or retirement, a participant may apply for a lump-sum termination benefit under this part which shall be an amount that is equal to the sum of the participant’s employee account and the employer account as of the date the termination benefit is paid.
(Amended by Stats. 1998, Ch. 965, Sec. 297. Effective January 1, 1999.)