reglab/housing_qa huggingface dataset:
CA Educ Code § 26503 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 6 - Contributions|Section 26503.

26503.  Except as provided in Sections 26504 and 26507, the employer shall contribute an amount equivalent to 4 percent of salary for each participant employed by the employer.(Amended by Stats. 1998, Ch. 1048, Sec. 39. Effective January 1, 1999.)
CA Educ Code § 26503.5 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 6 - Contributions|Section 26503.5.

26503.5.  If a person elects, pursuant to Section 26403, to participate in the Cash Balance Benefit Program, his or her employer shall make contributions, as provided in Section 26503, based on the salary or other compensation paid for trustee service. For a participant subject to the California Public Employees’ Pension Reform Act of 2013, other compensation paid for trustee service is subject to the same requirements as “salary” as defined in Section 26139.5.(Amended by Stats. 2013, Ch. 559, Sec. 38. (AB 1381) Effective January 1, 2014. Deemed operative January 1, 2013, by Sec. 1 of Ch. 559.)
CA Educ Code § 26504 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 6 - Contributions|Section 26504.

26504.  The employer may enter into a collective bargaining agreement to pay a different employer contribution rate and a different employee contribution rate, provided all of the following conditions are met:(a) The sum of the employee contributions and employer contributions for each participant shall equal or exceed 8 percent of salary.(b) The employee contribution rate may exceed the employer contribution rate but in no event shall the employer contribution rate be less than 4 percent.(c) The employee contribution rate shall not be less than the employer contribution rate. If the terms of a collective bargaining agreement that is in effect on January 1, 2014, would be impaired by this subdivision, this subdivision shall not apply to the employer and participants subject to that contract until the expiration of that contract. A renewal, amendment, or any other extension of that contract shall be subject to the requirements of this subdivision.(d) The employee contribution rate and employer contribution rate shall be the same for each participant employed by the employer.(e) The employee contribution rate and employer contribution rate shall be in one-quarter percent increments.(f) The employee contribution rate and employer contribution rate as determined under the collective bargaining agreement shall become effective on the first day of the plan year following notification to the system and shall remain in effect for at least one plan year. However, the employee contribution rate and the employer contribution rate as determined under the collective bargaining agreement may become effective as of the first day of the plan year in which notice is given if it is so provided in the collective bargaining agreement and if a lump-sum contribution is made to the plan equal to the additional employee and employer contributions, if any, that would have been required if the contribution rates had been in effect on the first day of the plan year. Interest shall be credited at the minimum interest rate with respect to the lump-sum contribution commencing with the first month after the contribution is made.(g) The employer has filed notice of the employee contribution rate and the employer contribution rate on a form prescribed by the system.(Amended by Stats. 2013, Ch. 559, Sec. 39. (AB 1381) Effective January 1, 2014. Deemed operative January 1, 2013, by Sec. 1 of Ch. 559.)
CA Educ Code § 26506 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 6 - Contributions|Section 26506.

26506.  (a) Except as provided in subdivision (b), participants shall not make voluntary pretax or post-tax contributions into the Cash Balance Benefit Program, nor shall participants redeposit amounts previously distributed from employee accounts or employer accounts.(b) Pursuant to terms and conditions established by the board, participants may be permitted to transfer funds from eligible retirement plans into the Cash Balance Benefit Program to the extent that the transfers are allowable under and are completed in a manner prescribed by applicable federal and state laws, and any related regulations.(c) Funds deposited with the Cash Balance Benefit Program by a participant pursuant to subdivision (b) shall be credited to the participant and identified separately from credits in the participant’s employee and employer accounts. Funds so deposited shall be treated as credits to the participant’s employee account for all other purposes under this part.(Amended by Stats. 2015, Ch. 123, Sec. 34. (AB 991) Effective January 1, 2016.)
CA Educ Code § 26507 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 6 - Contributions|Section 26507.

26507.  (a) The board may adjust the mandatory employer contribution rate specified under Section 26503 for a fixed period of plan years when it has determined based upon the recommendation of the actuary, that increased contributions are required. The adjustment shall not exceed one-fourth of one percent for any plan year. The mandatory employer contribution rate as adjusted shall not exceed 4.25 percent of salary in any plan year for each participant employed by the employer, except as provided in subdivision (b).(b) The adjustment to the employer contribution rate specified in subdivision (a) shall be applied to the employer contribution rate specified in a collective bargaining agreement pursuant to Section 26504 and in effect on the first day of the plan year in which the adjustment to the employer contribution rate takes effect. (c) The adjusted employer contribution rate shall become effective no earlier than the first day of the plan year immediately following adoption by the board.(Amended by Stats. 1998, Ch. 965, Sec. 268. Effective January 1, 1999.)
CA Educ Code § 26600 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26600.

26600.  All contributions based on salary earned by a participant, together with amounts credited under the minimum interest rate and additional earnings credit amounts, shall be treated as credits to individual accounts in the name of the participant. These accounts shall be nominal accounts used to determine the amount of retirement benefit, disability benefit, death benefit, or termination benefit of the participant or beneficiary. The participant shall have no actual individual account and shall have no claim to any particular assets of the plan or the fund.(Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)
CA Educ Code § 26601 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26601.

26601.  All employee contributions and interest credited under the minimum interest rate and additional earnings credits in respect of those contributions shall be treated as credits to the participant’s employee account.(Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)
CA Educ Code § 26602 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26602.

26602.  All employer contributions on behalf of the participant and interest credited under the minimum interest rate and additional earnings credits in respect of those contributions shall be treated as credits to the participant’s employer account.(Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)
CA Educ Code § 26603 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26603.

26603.  (a) All employee contributions shall be credited to employee accounts and all employer contributions shall be credited to employer accounts effective as of the day contributions are required to be transmitted to the plan pursuant to subdivision (a) of Section 26303.(b) This section shall become operative on July 1, 2018.(Repealed (in Sec. 41) and added by Stats. 2016, Ch. 218, Sec. 42. (SB 1352) Effective January 1, 2017. Section operative July 1, 2018, by its own provisions.)
CA Educ Code § 26604 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26604.

26604.  (a) Beginning June 1, 1996, prior to the Cash Balance Plan becoming effective, and prior to the beginning of each plan year thereafter, the board, by plan amendment with respect to the Cash Balance Benefit Program, shall declare the minimum interest rate for crediting employee accounts and employer accounts with respect to the Cash Balance Benefit Program during the following plan year.(b) All interest shall be computed at the minimum interest rate on the balance of the employee account and the employer account and shall be compounded daily.(c) Interest shall not be credited to employee accounts and employer accounts that have been transferred to the Annuitant Reserve for payment of an annuity.(Amended by Stats. 2016, Ch. 218, Sec. 43. (SB 1352) Effective January 1, 2017.)
CA Educ Code § 26605 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26605.

26605.  In the event that the total amount of investment earnings of the plan for any plan year exceeds the sum of the total amount required to credit all employee and employer accounts at the minimum interest rate for the plan year plus the administrative costs of the plan for the plan year, then following the determination by the board with respect to additions to the Gain and Loss Reserve described in subdivision (c) of Section 26202 the board may declare by means of plan amendment an additional earnings credit for the plan year with respect to the employee and employer accounts of the plan participants.(Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)
CA Educ Code § 26606 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26606.

26606.  Any additional earnings credit declared shall be determined as a specified percentage increase in the closing balance of each employee account and employer account with respect to the Cash Balance Benefit Program measured as of the last day of the plan year. The additional earnings credit shall be credited to employee account and employer account balances as of the date the board declares the additional earnings credit is to be applied. The additional earnings credit shall not be credited to employee accounts and employer accounts that have been transferred to the Annuitant Reserve for payment of an annuity under the Cash Balance Benefit Program.(Amended by Stats. 1998, Ch. 965, Sec. 270. Effective January 1, 1999.)
CA Educ Code § 26607 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 7 - Employee and Employer Accounts|Section 26607.

26607.  (a) The board may declare by means of plan amendment with respect to the Cash Balance Benefit Program an additional annuity credit applicable to annuities being paid under the Cash Balance Benefit Program.(b) The declaration authorized by subdivision (a) may be made only when the board by plan amendment with respect to the Cash Balance Benefit Program declares an additional earnings credit as provided in Section 26605 and if the total amount of investment earnings of the plan with respect to the Cash Balance Benefit Program for the plan year exceeds the sum of the total amount required to credit all employee and employer accounts at the minimum interest rate, the administrative costs of the plan with respect to the Cash Balance Benefit Program for the plan year, any addition to be made to the Gain and Loss Reserve under subdivision (c) of Section 26202, the total amount required to credit all employee and employer accounts in respect of the additional earnings credit so declared, and any other obligations incurred by the plan with respect to the Cash Balance Benefit Program.(c) Any additional annuity credit with respect to the Cash Balance Benefit Program shall be based upon the annuity of the participant or beneficiary for the plan year and shall be paid as a lump sum to the participant or beneficiary on the date specified by the board.(Amended by Stats. 1998, Ch. 965, Sec. 271. Effective January 1, 1999.)
CA Educ Code § 26700 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 8 - Rights to Benefits|Section 26700.

26700.  A participant has a vested right to a retirement benefit equal in amount to the total balance of credits in his or her employee account and employer account. The right accrues when a person becomes a participant.(Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)
CA Educ Code § 26701 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 8 - Rights to Benefits|Section 26701.

26701.  The right of a participant to a benefit under this part, whether by lump sum or annuity, is not subject to execution or any other process whatsoever, except to the extent permitted by Section 704.110 of the Code of Civil Procedure, and is unassignable except as specifically provided under this part.(Amended by Stats. 1998, Ch. 1048, Sec. 43. Effective January 1, 1999.)
CA Educ Code § 26702 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 8 - Rights to Benefits|Section 26702.

26702.  (a) For the purpose of payments into or out of the fund for adjustments of errors or omissions with respect to the Cash Balance Benefit Program, the period of limitation shall be applied as follows:(1) No action may be commenced by or against the board, the system, or the plan more than three years after all obligations to or on behalf of the participant or beneficiary have been discharged.(2) In cases where the system makes an error resulting in incorrect payment to the participant or beneficiary, the system’s right to commence recovery shall expire three years from the date of payment.(3) If an erroneous payment is made due to lack of information or inaccurate information regarding eligibility of a participant or beneficiary to receive a benefit from the Cash Balance Benefit Program, the period of limitation shall commence when the system discovers the erroneous payment.(b) Notwithstanding any other provision of this section, if any erroneous payment has been made on the basis of fraud or intentional misrepresentation by a participant or beneficiary, or other party in relation to or on behalf of a participant or beneficiary, the three-year period of limitation shall not be deemed to commence or to have commenced until the system discovers the erroneous payment.(Amended by Stats. 1998, Ch. 1048, Sec. 44. Effective January 1, 1999.)
CA Educ Code § 26703 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 8 - Rights to Benefits|Section 26703.

26703.  The signature of the spouse of a participant shall be required on a designation of beneficiary form, an election, change, or termination of an annuity, or an application for a retirement benefit, disability benefit, or termination benefit under this part, unless the participant declares in writing, under penalty of perjury, that one of the following conditions exists:(a) The participant is not married.(b) The participant does not know, and has taken all reasonable steps to determine, the whereabouts of the spouse.(c) The spouse is incapable of executing the acknowledgment because of an incapacitating mental or physical condition.(d) The participant and spouse have executed a marriage settlement agreement pursuant to Part 5 (commencing with Section 1500) of Division 4 of the Family Code that makes the community property law inapplicable to the marriage.(e) The current spouse has no identifiable community property interest in the benefit.(Amended by Stats. 2014, Ch. 755, Sec. 75. (SB 1220) Effective January 1, 2015.)
CA Educ Code § 26704 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 8 - Rights to Benefits|Section 26704.

26704.  If a spouse refuses to sign a beneficiary designation, an election, change, or termination of an annuity, or an application for a retirement benefit, disability benefit, or termination benefit payable under this part, the participant may bring an action in court to enforce the spousal signature requirement or to waive the spousal signature requirement. Either party may bring an action pursuant to Section 1101 of the Family Code to determine the rights of the party.(Amended by Stats. 2014, Ch. 755, Sec. 76. (SB 1220) Effective January 1, 2015.)
CA Educ Code § 26800 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 9 - Retirement Benefit|Section 26800.

26800.  The normal retirement age for the Cash Balance Benefit Program is 60 years of age, or 62 years of age for a participant subject to the California Public Employees’ Pension Reform Act of 2013.(Amended by Stats. 2013, Ch. 559, Sec. 40. (AB 1381) Effective January 1, 2014. Deemed operative January 1, 2013, by Sec. 1 of Ch. 559.)
CA Educ Code § 26801 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 9 - Retirement Benefit|Section 26801.

26801.  Except as provided under Section 26802, a participant’s retirement date shall not be earlier than either the date on which the participant attains 55 years of age or the first day of the month in which an application is received at the system’s headquarters office, whichever is later.(Amended by Stats. 2020, Ch. 275, Sec. 18. (AB 2101) Effective January 1, 2021.)
CA Educ Code § 26802 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 9 - Retirement Benefit|Section 26802.

26802.  Distribution of the retirement benefit under this part shall commence no later than the required beginning date specified in subdivision (c) of Section 26004.(Amended by Stats. 1998, Ch. 965, Sec. 273. Effective January 1, 1999.)
CA Educ Code § 26803 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 9 - Retirement Benefit|Section 26803.

26803.  (a) All creditable service subject to coverage by the Cash Balance Benefit Program and all service with the participant’s last employer or employers that is creditable under the Defined Benefit Program shall be terminated prior to the retirement date.(b) All employers with which the participant is employed to perform creditable service subject to coverage by the plan shall certify in a format prescribed by the system that the participant’s employment has been terminated unless the employment was terminated 12 months or more prior to the participant’s retirement date.(Amended by Stats. 2020, Ch. 275, Sec. 19. (AB 2101) Effective January 1, 2021.)
CA Educ Code § 26804 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 9 - Retirement Benefit|Section 26804.

26804.  Application for a retirement benefit under this part shall be made on a form prescribed by the system. A participant who files an application for a retirement benefit may change or cancel the retirement application if all of the following are met:(a) The form provided by the system is received in the system’s headquarters office no later than 30 days from the date of the participant’s initial benefit payment.(b) The participant returns the total gross distribution amount of all payments for any canceled retirement benefit, including a lump-sum payment being changed to an annuity, to the system’s headquarters office no later than 45 days from the date of the participant’s initial benefit payment. The participant shall be liable for any adverse tax consequences that may result from these actions.(Amended by Stats. 2021, Ch. 186, Sec. 5. (SB 634) Effective January 1, 2022.)
CA Educ Code § 26805 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 14 - STATE TEACHERS RETIREMENT SYSTEM CASH BENEFIT PROGRAM|CHAPTER 9 - Retirement Benefit|Section 26805.

26805.  The retirement benefit under this part is a benefit payable in the event of retirement that is an amount equal to the sum of the employee account and the employer account as of the retirement date.(Amended by Stats. 1998, Ch. 965, Sec. 276. Effective January 1, 1999.)