California Statutes
§ 27204. — 27204. (Amended by Stats. 2020, Ch. 275, Sec. 23.)
California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 14. PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM·Ch. 13. CHAPTER 13. Termination Benefit
(a)The termination benefit under this part shall not be payable before 180 calendar days have elapsed following the date of termination of employment.
(b)Except as provided in subdivision (c), the application for the termination benefit shall be automatically canceled if the participant performs creditable service within 180 calendar days following the date of termination of employment.
(c)Subdivision (b) does not apply if the participant has reached that age at which the Internal Revenue Code of 1986 requires a distribution of benefits. A participant who has reached this age shall
receive a distribution commencing on the earlier of the date that the participant has met the conditions of subdivision (a) or the conditions of subdivision (c) of Section 26004.
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California § 27204. (27204. (Amended by Stats. 2020, Ch. 275, Sec. 23.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2020, Ch. 275, Sec. 23. (AB 2101) Effective January 1, 2021.