us-gu · Through P.L. 38-143 (Oct. 13, 2026)

4 GCA § 8504: Transfer of Member Accounts from Defined Contribution System; Transfer of Excess Account Balance, If Any.

(a) In connection with credited service transferred from the Defined Contribution Retirement System to the Retirement Fund under § 85T3VdWVUW, a member’s Member AIIount balanIes in the Defined Contribution System shall be transferred to the Defined Benefit 1.75 Retirement System in accordance with this Section.
(b) An amount equal to the lesser of a member’s:
(1) section 8208 and § 8209.1(a) account balances, if any; or
(2) actuarial cost of credited service, shall be transferred to the Defined Benefit 1.75 Retirement System as set forth in this § 8504(b).
(c) The actuarial cost of credited service for a member transferring to the Defined Benefit 1.75 Plan shall be funded first from the member’s § 82T9.UVaW aIIount, if any, and applied to the member’s § 8U64VaW Member’s Contribution Reserve; any further amounts needed to fund up to the actuarial cost of credited serviIe shall be funded next from the member’s § 82T8 pre-tax account and applied to a pre-tax subaccount in the member’s § 8U64VaW Member’s Contribution Reserve.
(d) ExIess AIIount BalanIe, if any, attributable to a member’s § 82T9.UVaW aIIount shall remain in the member’s § 82T9.UVaW aIIount, exIept for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s aIIount in aIIordance with § 8503(d)(3).
(e) ExIess AIIount BalanIe, if any, attributable to a member’s § 82T8 Member Contribution AIIount shall remain in the member’s § 82T8 Member Contribution AIIount, exIept for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s aIIount in aIIordanIe with § 8503(d)(3).
(f) An amount equal to the member’s § 82T9.UVbW aIIount VRollover Employer’s Contributions from § 8U64VbW, also referred to as the Transfer InIentive ReserveW shall remain in the member’s § 82T9.UVbW account, except for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s aIIount in aIIordanIe with § 85T3VdWV3W.

Where this section sits in the code

Title 4: Public Officers and Employees
Chapter 8: Retirement of Public Employees
ARTICLE 5: DEFINED BENEFIT 1.75 RETIREMENT SYSTEM

(b) An amount equal to the lesser of a member’s:

(1) section 8208 and § 8209.1(a) account balances, if any; or

(2) actuarial cost of credited service, shall be transferred to the Defined Benefit 1.75 Retirement System as set forth in this § 8504(b).

(c) The actuarial cost of credited service for a member transferring to the Defined Benefit 1.75 Plan shall be funded first from the member’s § 82T9.UVaW aIIount, if any, and applied to the member’s § 8U64VaW Member’s Contribution Reserve; any further amounts needed to fund up to the actuarial cost of credited serviIe shall be funded next from the member’s § 82T8 pre-tax account and applied to a pre-tax subaccount in the member’s § 8U64VaW Member’s Contribution Reserve.

(d) ExIess AIIount BalanIe, if any, attributable to a member’s § 82T9.UVaW aIIount shall remain in the member’s § 82T9.UVaW aIIount, exIept for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s aIIount in aIIordance with § 8503(d)(3).

(e) ExIess AIIount BalanIe, if any, attributable to a member’s § 82T8 Member Contribution AIIount shall remain in the member’s § 82T8 Member Contribution AIIount, exIept for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s aIIount in aIIordanIe with § 8503(d)(3).

(f) An amount equal to the member’s § 82T9.UVbW aIIount VRollover Employer’s Contributions from § 8U64VbW, also referred to as the Transfer InIentive ReserveW shall remain in the member’s § 82T9.UVbW account, except for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s aIIount in aIIordanIe with § 85T3VdWV3W.

Collected 2026-10-27T02:48:59Z. Source file · JSON

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