California Education Code

§ 26401

EDC § 26401 Effective Jan 1, 2020Div. 1 · Title 1 · Part 14 · Ch. 5

Statute text

(a)(1) A member of the Defined Benefit Program who is employed by an employer that provides the Cash Balance Benefit Program may elect to become a participant of the Cash Balance Benefit Program for creditable service performed for that employer if all employment to perform creditable service for that employer meets either of the following conditions:

(A)The member is employed by an employer, excluding a community college district, to perform creditable service on a part-time basis for less than 50 percent of the time the employer requires for the full-time position or on a substitute, part-time hourly, or part-time daily basis.

(B)The member is employed by a community college district to perform creditable service on a temporary basis pursuant to Section 87474, 87478, 87480, 87481, 87482, or 87482.5.

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Legislative history

Amended by Stats. 2019, Ch. 318, Sec. 10. (AB 1452) Effective January 1, 2020.