SECTIONS 25024-25025 - California Statutes

EDUCATION CODE

SECTION 25024-25025

25024. (a) Upon the termination of all employment to perform
creditable service subject to coverage under the plan for a reason
other than retirement, disability, or death, a member shall be
eligible for a termination benefit under the Defined Benefit
Supplement Program. The member's employer, or employers if the member
has multiple employers, shall certify on a form prescribed by the
system that the member's employment has been terminated, unless the
member's termination of employment occurred 12 consecutive months or
more prior to the date the member signed the application for a
Defined Benefit Supplement termination benefit.
(b) A member shall submit an application for a termination benefit
on a form prescribed by the system. If a member submits an
application for a refund of contributions under the Defined Benefit
Program, pursuant to Section 23103, that application shall also be
deemed an application for a termination benefit. If a member cancels
the application for a refund of contributions under the Defined
Benefit Program, the application for the termination benefit shall
also be deemed to have been cancelled.
(c) The termination benefit shall be a lump-sum payment that is
equal to the balance of credits in the member's Defined Benefit
Supplement account.
(d) Upon distribution of the termination benefit, no further
benefit shall be payable to the member or the member's beneficiary
under the Defined Benefit Supplement Program.
(e) A partial distribution of the balance of credits in a member's
Defined Benefit Supplement account shall not be made, except as
provided in Section 25009, 25015, 25016, or 25022.

25024.5. A member who is reemployed and again performs creditable
service subject to coverage under the plan may not receive a
termination benefit under this part if less than five years have
elapsed following the date the most recent termination benefit was
distributed to the member. This section does not apply to a member
who has reached the age at which the Internal Revenue Code of 1986
requires a distribution of benefits.

25025. (a) A termination benefit under the Defined Benefit
Supplement Program shall be payable after six calendar months have
elapsed following the date the member terminated employment as
specified in Section 25024.
(b) Except as provided in subdivision (c), the application for the
termination benefit shall be automatically canceled if the member
performs creditable service within six calendar months following the
date of termination of employment.
(c) Subdivision (b) does not apply if the member has reached that
age at which the Internal Revenue Code of 1986 requires a
distribution of benefits. A member who has reached this age shall
receive a distribution commencing on the earlier of the date that the
member has met the conditions of subdivision (a) or the conditions
of subdivision (h) of Section 24600.