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HomeEducation CodeCh. 2§ 26136 Cash Balance Retirement Definition

§ 26136 Cash Balance Retirement Definition

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 26136 Cash Balance Retirement Definition

Key Takeaways

  • •Retirement means you stop working and meet all the rules to get your retirement money.
  • •You can't get retirement money if you're still working.
  • •You have to finish all the steps required before you can get your retirement benefits.

Example

A person quits their job at age 65 and wants to start getting their retirement money.

They can only get the money if they've stopped working completely and done everything their retirement plan says they need to do first.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 26136 Cash Balance Retirement Definition

“Retirement” means termination of employment and completion of all conditions precedent to receiving a retirement benefit under the Cash Balance Benefit Program. (Amended by Stats. 1998, Ch. 965, Sec. 245. Effective January 1, 1999.)

Last verified: January 23, 2026

Key Terms

RetirementCash Balance Benefit Program

Related Statutes

  • § 22110.1 Cash Balance Benefit Program
  • § 22143 Teachers' Retirement Investment Advisers
  • § 22165 Retirement Plan Member Status
  • § 26104 Cash Balance Program Costs
  • § 26105 Cash Balance Annuity Reserve

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 26136.
View Official Source