“Termination benefit” means a benefit equal in amount to the balance of credits in the member’s Defined Benefit Supplement account that is payable to the member in a lump-sum when the member has terminated all employment to perform creditable service subject to coverage by the plan.
(Added by Stats. 2000, Ch. 74, Sec. 22. Effective January 1, 2001.)
Last modified: October 25, 2018