California Code
DIVISION 5 - PERSONNEL
PART 8 - SUPPLEMENTAL CONTRIBUTIONS PROGRAM

CHAPTER 1 - General Provisions

Section 22970. - 22970. (a) The Supplemental Contributions Program is hereby established to...

Section 22970.1. - 22970.1. The benefits provided under the Supplemental Contributions Program shall...

Section 22970.2. - 22970.2. The design and administration of the Supplemental Contributions Program...

Section 22970.3. - 22970.3. If any provision of this part or application thereof...

CHAPTER 2 - Definitions

Section 22970.10. - 22970.10. “Account” means the account maintained with respect to the...

Section 22970.11. - 22970.11. “Beneficiary” means any person or persons designated by the...

Section 22970.12. - 22970.12. “Board” means the Board of Administration of the Public...

Section 22970.13. - 22970.13. “Compensation” means the total amount paid to an employee...

Section 22970.14. - 22970.14. “Disability” means a disability of permanent or extended and...

Section 22970.15. - 22970.15. “Early retirement age” means the age at which the...

Section 22970.16. - 22970.16. (a) “Eligible employee” means: (1) A person employed by...

Section 22970.17. - 22970.17. “Employee contribution” means the amount contributed by the participating...

Section 22970.175. - 22970.175. “Employer” means any city, county, city and county, district,...

Section 22970.18. - 22970.18. “Fund” means the Supplemental Contributions Program Fund. (Added by...

Section 22970.19. - 22970.19. “Net earnings” means the income earned, or losses incurred,...

Section 22970.20. - 22970.20. “Participant” means an eligible employee who has contributions credited...

Section 22970.21. - 22970.21. “Plan” means the Supplemental Contributions Program. (Added by Stats....

Section 22970.22. - 22970.22. “Plan year” means the 12-month period commencing on any...

Section 22970.23. - 22970.23. “Retirement” means termination of all employment for the employer...

Section 22970.24. - 22970.24. “System” means the Public Employees’ Retirement System. (Added by...

Section 22970.25. - 22970.25. “Termination” means termination of employment by reason of separation...

Section 22970.26. - 22970.26. “Valuation date” means the date as of which the...

CHAPTER 3 - Administration of the Plan

Section 22970.30. - 22970.30. (a) Except as provided in this part, the plan...

Section 22970.31. - 22970.31. (a) The board shall adopt a plan instrument embodying...

Section 22970.32. - 22970.32. With regard to the plan, the board shall not...

Section 22970.33. - 22970.33. The board may require a third-party administrator, recordkeeper, custodian,...

CHAPTER 4 - The Fund

Section 22970.40. - 22970.40. The Supplemental Contributions Program Fund is hereby established as...

Section 22970.41. - 22970.41. The board shall have control of the investment of...

Section 22970.42. - 22970.42. Notwithstanding any other provision of law, the board may...

Section 22970.43. - 22970.43. Notwithstanding Section 13340, all moneys in the fund are...

Section 22970.44. - 22970.44. The assets of the fund shall be valued annually,...

CHAPTER 5 - Eligibility

Section 22970.50. - 22970.50. Any person who is an eligible employee may elect,...

CHAPTER 6 - Contributions

Section 22970.55. - 22970.55. (a) Employee after-tax contributions to the plan shall be...

Section 22970.56. - 22970.56. (a) Notwithstanding any other provision of law to the...

Section 22970.57. - 22970.57. (a) There shall be no employer contributions to the...

Section 22970.58. - 22970.58. The board may permit a participant to transfer funds,...

CHAPTER 7 - Participation Accounts

Section 22970.60. - 22970.60. (a) Contributions made to the plan by the participant...

Section 22970.61. - 22970.61. In the case of a contribution that is made...

Section 22970.62. - 22970.62. The net earnings of the applicable investment fund option...

Section 22970.63. - 22970.63. The value of each participant’s account shall be determined...

Section 22970.64. - 22970.64. A participant shall receive a statement that displays the...

CHAPTER 8 - Rights to Allocations

Section 22970.65. - 22970.65. A participant has a vested right to 100 percent...

Section 22970.66. - 22970.66. The right of a participant to allocations to the...

CHAPTER 9 - Community Property

Section 22970.70. - 22970.70. (a) Upon the legal separation or dissolution of marriage...

Section 22970.71. - 22970.71. For purposes of this chapter, “nonparticipant spouse” means the...

Section 22970.72. - 22970.72. The nonparticipant spouse shall have the right to a...

CHAPTER 10 - Beneficiary

Section 22970.75. - 22970.75. The participant may designate any person or persons as...

Section 22970.76. - 22970.76. Notwithstanding Section 22970.75, the participant’s beneficiary designation shall not...

Section 22970.77. - 22970.77. Unless otherwise provided in the beneficiary designation form, each...

Section 22970.78. - 22970.78. In the event the participant dies without a valid...

CHAPTER 11 - Eligibility for Distribution

Section 22970.80. - 22970.80. (a) Upon termination for any reason other than death,...

Section 22970.81. - 22970.81. (a) Upon termination, a participant may apply for a...

Section 22970.82. - 22970.82. (a) Upon termination, a participant may apply for a...

Section 22970.83. - 22970.83. (a) Upon receipt of proof of a participant’s death,...

Section 22970.84. - 22970.84. (a) Any participant who is entitled to a distribution...

CHAPTER 12 - Distributions and Rollovers

Section 22970.85. - 22970.85. Notwithstanding any other provision of this part, a participant...

Section 22970.855. - 22970.855. The board may permit a participant to withdraw some...

Section 22970.86. - 22970.86. (a) Distributions from the plan shall be made as...

Section 22970.87. - 22970.87. (a) If a person becomes entitled to a distribution...

Section 22970.88. - 22970.88. Except as otherwise provided in this part, all distributions...

Section 22970.89. - 22970.89. (a) The plan’s obligations to a participant, beneficiary, or...