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HomeEducation CodeCh. 15§ 27407 Judgment Binding On Plan

§ 27407 Judgment Binding On Plan

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

§ 27407 Judgment Binding On Plan

Key Takeaways

  • •If a court makes a decision about the Cash Balance Benefit Program, the program isn't affected unless it's part of the case.
  • •The program must be officially told about the court's decision by getting a certified copy of it.
  • •If the program isn't in the case or doesn't get the official papers, the court's decision doesn't apply to it.

Example

A person sues their company over retirement benefits and wins in court.

The court's decision won't change the Cash Balance Benefit Program unless the program was part of the lawsuit and got the official court papers.

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

Official Source
View on CA.gov

§ 27407 Judgment Binding On Plan

No judgment or court order issued pursuant to this chapter is binding on the plan with respect to the Cash Balance Benefit Program until the plan has been joined as a party to the action and has been served with a certified copy of the judgment or court order. (Amended by Stats. 1998, Ch. 965, Sec. 311. Effective January 1, 1999.)

Last verified: January 23, 2026

Key Terms

Cash Balance Benefit Programjudgment or court orderjoined as a partycertified copy

Related Statutes

  • § 27400 Community Property Benefit Rights
  • § 27401 Nonparticipant Spouse Benefits
  • § 27403 Nonparticipant Spouse Benefits
  • § 27404 Nonparticipant Spouse Benefit Rights
  • § 27406 Nonparticipant Spouse Lump-Sum Distribution

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 27407.
View Official Source