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Public Agency Furloughs & Distributions from Retirement Plans During COVID-19

Public Agency Furloughs & Distributions from Retirement Plans During COVID-19

by Jeff Chang | Apr 28, 2020 | 401(a), 457(b) Plans, Plan Administration, Plan Qualification

By Jeff Chang As many California public agencies are forced to furlough employees during the COVID-19 pandemic, questions arise as to how furloughs are treated for retirement plan distribution rules’ purposes. Let’s begin with a bit of terminology: What is a...

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