If you leave your job before retirement, you have several options available to you. Your eligibility for the different options depends on your years of service credit and/or what type of employee contributions you have. Each option below specifies whether the option is available to vested and/or non-vested members (i.e. members who have a minimum of five years of service credit or not). Upon your termination, you may only select one option.
California is a community property state. Therefore, retirement plan benefits earned during your marriage may be considered community property and subject to division upon your dissolution of marriage (i.e. divorce).
Pursuant to the laws of California, if you are a member of SBCERA while you are married, your former spouse may be entitled to an interest in the community property portion of your retirement benefit.