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HomeGovernment CodeDiv. 5Pt. 3Ch. 8Art. 4§ 20734 Contribution Refund Interest Payment

§ 20734 Contribution Refund Interest Payment

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 20734 Contribution Refund Interest Payment

Key Takeaways

  • •If you leave a job where you had a retirement plan, you can get your money back.
  • •You also get the interest that money earned up to the day you ask for it.
  • •You have to ask the Controller's office to get your money.

Example

You worked at a company for 5 years and then quit. You had some money taken out of your paycheck for retirement.

When you leave, you can ask for that money back. You'll get all the money you put in, plus any extra money it made (interest) up to the day you ask for it.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 20734 Contribution Refund Interest Payment

The payment of accumulated contributions to a former member shall include current year interest through the date in which the claim is filed with the office of the Controller. (Amended by Stats. 1996, Ch. 906, Sec. 87. Effective January 1, 1997.)

Last verified: January 22, 2026

Key Terms

accumulated contributionscurrent year interestController

Related Statutes

  • § 20730 Retirement Contribution Refund Option
  • § 20735 Member Contribution Refund Rules
  • § 16950 Bond Funded Pension Transfers
  • § 16951 Pension Bond Proceeds Abatement
  • § 20731 Retirement Contributions Transfer Rights

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 20734.
View Official Source