State Codes and Statutes

Statutes > Alabama > Title45 > Chapter8A > 45-8A-22_78

Section 45-8A-22.78

Termination of employment; return of contributions; participation in plan ceased.

In the event a participant terminates employment prior to becoming eligible for a benefit from this plan, the participant will receive a return of his or her contributions without interest and at that time, he or she shall have no further claim to benefits from this plan and his or her participation in the plan shall cease.

(Act 2002-298, p. 815, §20; Act 2002-304, p. 841, §20.)

State Codes and Statutes

Statutes > Alabama > Title45 > Chapter8A > 45-8A-22_78

Section 45-8A-22.78

Termination of employment; return of contributions; participation in plan ceased.

In the event a participant terminates employment prior to becoming eligible for a benefit from this plan, the participant will receive a return of his or her contributions without interest and at that time, he or she shall have no further claim to benefits from this plan and his or her participation in the plan shall cease.

(Act 2002-298, p. 815, §20; Act 2002-304, p. 841, §20.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title45 > Chapter8A > 45-8A-22_78

Section 45-8A-22.78

Termination of employment; return of contributions; participation in plan ceased.

In the event a participant terminates employment prior to becoming eligible for a benefit from this plan, the participant will receive a return of his or her contributions without interest and at that time, he or she shall have no further claim to benefits from this plan and his or her participation in the plan shall cease.

(Act 2002-298, p. 815, §20; Act 2002-304, p. 841, §20.)