California Education Code CHAPTER 14 - Distribution of Benefits

• Section 27300.
  (a) The plan’s obligations under this part to a participant or beneficiary who has applied for a benefit cease upon distribution of the lump-sum benefit.(b) Deposit in...
• Section 27301.
  (a) The plan’s obligations under this part to a participant or beneficiary who elected to receive a benefit in the form of an annuity, cease upon...
• Section 27302.
  If a benefit payable under this part cannot be distributed because, after a good faith effort, the participant or beneficiary cannot be located, the balances...
• Section 27303.
  Any overpayment to a participant or beneficiary under this part shall be deducted from any subsequent benefit payment that may be payable under the plan,...
• Section 27303.5.
  If an employer reports erroneous information, the system shall calculate the actuarial present value of the expected payments from the participant or beneficiary pursuant to...

Last modified: October 22, 2018