California Statutes
§ 25008.5. — 25008.5. (Added by Stats. 2009, Ch. 304, Sec. 27.)
California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 13. PART 13. STATE TEACHERS' RETIREMENT SYSTEM·Ch. 38. CHAPTER 38. Defined Benefit Supplement Program·Art. 2. ARTICLE 2. Program Accounts
Notwithstanding any other law, if (a) a member or beneficiary whose effective date for a benefit received pursuant to any other chapter of this part was prior to January 1, 2010, (b) the member or beneficiary was required to receive a distribution of the balance of credits from the member’s Defined Benefit Supplement account pursuant to this chapter, and (c) the member or beneficiary failed to submit an application for the distribution of the member’s Defined Benefit Supplement account prior to January 1, 2010, the system shall distribute the balance of credits in the member’s Defined Benefit Supplement account in a lump-sum payment to the member or beneficiary, as applicable, by March 31, 2010.
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California § 25008.5. (25008.5. (Added by Stats. 2009, Ch. 304, Sec. 27.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2009, Ch. 304, Sec. 27. (SB 634) Effective January 1, 2010.