Section 25024 Of Article 7. Termination Benefits From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 38. >> Article 7.
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.