Statutes, codes, and regulations
California Code Of Regulations
Title 2 - AdministrationDivision 1 - Administrative PersonnelChapter 2 - Board of Administration of Public Employees' Retirement SystemSubchapter 2.3 - Judges' Retirement System II Fund Regulations
Article 1 - Plan Qualification Requirements for the Judges' Retirement System II Fund
Section 599.146 - Compliance with Section 401(a)(31)(B) of the Internal Revenue Code

Cal. Code Regs. tit. 2 § 599.146

Download
PDF
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 599.146 - Compliance with Section 401(a)(31)(B) of the Internal Revenue Code

In complying with the requirements of Section 7513 of the Government Code and Section 401(a)(31)(B) of the Internal Revenue Code (and subject to Section 75613 of the Government Code), in the event of a mandatory distribution greater than $1,000 where the member does not elect to have such distribution paid directly to an eligible retirement plan specified by the member in a direct rollover or to receive a distribution directly, such distribution shall be paid in a direct rollover to an individual retirement plan designated by the board.

Cal. Code Regs. Tit. 2, § 599.146

1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).

Note: Authority cited: Sections 20121 and 75505, Government Code. Reference: Sections 7513, 75521 and 75505, Government Code; and Section 401(a)(31)(B), Title 26, United States Code.

1. New section filed 2-23-2015; operative 4/1/2015 (Register 2015, No. 9).