Section 26401 Of Chapter 5. Eligibility From California Education Code >> Division 1. >> Title 1. >> Part 14. >> Chapter 5.
26401
. (a) A member of the Defined Benefit Program who is employed
to perform creditable service on a part-time basis for less than 50
percent of each full-time position by an employer, excluding a
community college district, that provides the Cash Balance Benefit
Program may elect to become a participant for creditable service
subject to coverage under the Cash Balance Benefit Program for that
employer, provided that the creditable service is not performed for
the same employer with whom the member is also subject to mandatory
membership in the Defined Benefit Program.
(b) A member of the Defined Benefit Program who is employed
pursuant to Section 87474, 87478, 87480, 87481, 87482, or 87482.5 by
a community college district that provides the Cash Balance Benefit
Program may elect to become a participant for creditable service
subject to coverage under the Cash Balance Benefit Program for that
employer, provided that the creditable service is not performed for
the same employer with whom the member is also subject to mandatory
membership in the Defined Benefit Program.
(c) A member of the Defined Benefit Program who is employed to
perform creditable service as a substitute employee by an employer
that provides the Cash Balance Benefit Program may elect to become a
participant for creditable service subject to coverage under the Cash
Balance Benefit Program for that employer, provided that the
creditable service is not performed for the same employer with whom
the member is also subject to mandatory membership in the Defined
Benefit Program.
(d) The election shall be made on a properly executed form
provided by the system and shall be filed with the employer within 60
calendar days of the later of the first day of employment with an
employer that provides the Cash Balance Benefit Program, the date of
the employer's governing board's action to provide the Cash Balance
Benefit Program, or the effective date of the employer's governing
board's action to provide the Cash Balance Benefit Program.
(e) Employers shall make available to employees specified in
subdivisions (a) and (b) information and forms provided by the system
for making an election regarding participation. The employer shall
retain a copy of the employee's signed election form and mail the
original signed election form to the system's headquarters office.
The election shall become effective on the first day of the pay
period following the pay period in which the election is made.
(f) If an election is made pursuant to subdivision (a) and the
participant's basis of employment with that employer changes to
employment to perform creditable service for 50 percent or more of
the full-time position during one school year with the same employer,
creditable service performed for that employer shall no longer be
covered under the Cash Balance Benefit Program as of the last day of
the pay period in which the change in the participant's basis of
employment occurred. Creditable service performed for that employer
shall be subject to coverage under the Defined Benefit Program as of
the first day of the pay period following the change in the
participant's basis of employment.
(g) If an election is made pursuant to subdivision (b) and the
participant's basis of employment with the community college district
changes to employment that is subject to mandatory membership in the
Defined Benefit Program pursuant to Section 22501, 22502, 22503, or
22504 during one school year with the same employer, creditable
service performed for that employer shall no longer be covered under
the Cash Balance Benefit Program as of the last day of the pay period
in which the change in the participant's basis of employment
occurred. Creditable service performed for that employer shall be
subject to coverage under the Defined Benefit Program as of the first
day of the pay period following the change in the participant's
basis of employment.
(h) If an election is made pursuant to subdivision (c) and the
participant's basis of employment with that employer changes to
employment that is subject to mandatory membership in the Defined
Benefit Program pursuant to Section 22501, 22502, 22503, or 22504
during one school year with the same employer, creditable service
performed for that employer shall no longer be covered under the Cash
Balance Benefit Program as of the last day of the pay period in
which the change in the participant's basis of employment occurred.
Creditable service performed for that employer shall be subject to
coverage under the Defined Benefit Program as of the first day of the
pay period following the change in the participant's basis of
employment.
(i) (1) If an employee was excluded from participation in the Cash
Balance Benefit Program pursuant to Section 26401.5, as that section
read on December 31, 2000, for the same service, the employee may
elect to become a participant for creditable service subject to
coverage under the Cash Balance Benefit Program for that employer,
provided all of the following conditions are met:
(A) The employment is pursuant to Section 87474, 87478, 87480,
87481, 87482, or 87482.5.
(B) The employer offers the Cash Balance Benefit Program.
(C) The creditable service is not also subject to mandatory
membership in the Defined Benefit Program.
(2) Employers shall, on or before May 1, 2007, make available to
employees described in this subdivision, information and forms
provided by the system for making an election regarding
participation. The employee shall submit the form to the employer
within a 60-day election period designated by the employer. The
employer shall retain a copy of the employee's signed election form
and mail the original signed election form to the system's
headquarters office. The election shall become effective on the first
day of the pay period following the pay period in which the election
is made.