How do the provisions of AB 1586 or the reduced minimum standard impact my service credit for purposes of vesting?
Vesting requirements are applied to the service credit as reported by your employer. If you are eligible for an AB 1586 benefit comparison calculation, you maintain your vested status as long as you have at least five years of total service credit before the AB1586 calculation. Even if the service credit falls below the vesting requirements as a result of the AB1586 calculation, you will still maintain the same vested status. However, the lower service credit resulting from the AB 1586 recalculation will be used to determine your final compensation.
