California Education Code

§ 26300

EDC § 26300 Effective Jan 1, 1999Div. 1 · Title 1 · Part 14 · Ch. 4

Statute text

(a)Within 10 working days following the later of the first day of employment, the date of the employer’s governing board’s action to provide the Cash Balance Benefit Program, or the effective date of the employer’s governing board’s action to provide the Cash Balance Benefit Program, the employer shall make available to the employee the following information:

(1)The employee’s rights and responsibilities as a participant in the program, the employer’s responsibilities under the program, and the benefits payable under the program.

(2)The employee’s right to elect membership in the Defined Benefit Program in lieu of participation in the Cash Balance Benefit Program, the rights and responsibilities of a member and the employer under the Defined Benefit Program, and benefits payable under the Defined Benefit Program.

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Legislative history

Amended by Stats. 1998, Ch. 1048, Sec. 33. Effective January 1, 1999.