California Education Code 22176 – “Termination benefit” means a benefit equal in amount to the balance …
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“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.)