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, 75526, 75562 and 75563 of the Government Code, as applicable.

Note: Authority cited: Sections 20121 and 75505, Government Code. Reference: Section 75505, 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).