California · Government Code
GOV §22970.80: (a) Upon termination for any reason other than death, disability, or retirement, a participant is entitled to a lump sum distribution of the balance of the participant’s account within a reasonable ti
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(a) Upon termination for any reason other than death, disability, or retirement, a participant is entitled to a lump sum distribution of the balance of the participant’s account within a reasonable time following the valuation date immediately following the date of the application. (b) Application for a distribution for termination of employment shall be made on a distribution request form and in the manner prescribed by the board. (c) All employers with which the participant is employed as a member of the system shall certify on a form prescribed by the board that the participant’s employment has terminated.
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