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Section 28100 Of Chapter 17. Discontinuation Of Plan From California Education Code >> Division 1. >> Title 1. >> Part 14. >> Chapter 17.
28100
. (a) The employer may discontinue providing the Cash Balance
Benefit Program at anytime in accordance with the terms and
conditions of the employer's governing board's formal action to
provide the program.
(b) The employer shall notify the system of the decision to discontinue the plan no less than 90 calendar days prior to the effective date of discontinuance. Such notice shall be submitted on a form prescribed by the system.
(b) The employer shall notify the system of the decision to discontinue the plan no less than 90 calendar days prior to the effective date of discontinuance. Such notice shall be submitted on a form prescribed by the system.
