California § 28101 - Upon discontinuation of the Cash Balance Benefit Program by the employer, the sys
Full text of California Public Contract Code - PCC § 28101 — Upon discontinuation of the Cash Balance Benefit Program by the employer, the sys, with citation guidance and answers to common questions.
§ 28101. Upon discontinuation of the Cash Balance Benefit Program by the employer, the sys
(a) Upon discontinuation of the Cash Balance Benefit Program by the employer, the system will hold the employee and employer accounts for the benefit of the participant. The participant is immediately vested in both employee and employer accounts including accrued interest. (b) Both employee and employer accounts will continue to be credited with interest at the minimum interest rate so long as there is an undistributed balance in such accounts.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 28101
What does Public Contract Code - PCC § 28101 cover?
Section 28101 ("Upon discontinuation of the Cash Balance Benefit Program by the employer, the sys") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 28101?
A common citation format is "Public Contract Code - PCC § 28101" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 28101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.