Cal. Code Regs. Tit. 2, § 586 - Purpose

The purpose of this Article is to ensure the federal tax-qualified status of the Public Employees' Retirement System by prohibiting in-service distributions to the extent required by the Internal Revenue Code, and the regulations promulgated thereunder. In the event the applicable federal law changes, the federal law shall supercede these regulations.

Notes

Cal. Code Regs. Tit. 2, § 586

1. New article 7.5 (sections 586-586.2) and section filed 8-20-2004; operative 9-19-2004 (Register 2004, No. 34).

Note: Authority cited: Sections 20121 and 21220.5, Government Code. Reference: Section 21220.5, Government Code.

1. New article 7.5 (sections 586-586.2) and section filed 8-20-2004; operative 9-19-2004 (Register 2004, No. 34).