Years of Creditable Service Vested Percentage
--------------------------- -----------------
Less than 2 0%
2 20%
3 40%
4 60%
5 or more 100%.
Prior Codifications 1981 Ed., § 1-627.10. Effect of Amendments D.C. Law 17-260 added subsec. (d). D.C. Law 18-82 rewrote subsec. (b); and, in subsec. (c), substituted "that has not vested in accordance with subsection (b) of this section shall be forfeited after separation from employment" for "shall be forfeited upon separation from employment if separation occurs prior to completion of 5 years of creditable service". Prior to amendment, subsec. (b) read as follows: "(b) The District's contributions to the defined contribution plan under § 1- 626.05(3) and the earnings on the District's contributions shall vest when an employee completes 5 years of creditable service with the District, dies, or becomes entitled to disability benefits under the Social Security Act." D.C. Law 19-171, in subsec. (b), validated a previously made technical correction. Legislative History of Laws For legislative history of D.C. Law 7-27, see Historical and Statutory Notes following § 1-621.02. Law 17-260, the "Defined Contribution Plan Modifications for the Director of the Department of Corrections Devon Brown Amendment Act of 2008", was introduced in Council and assigned Bill No. 17-667 which was referred to the Committee Public Safety and Judiciary. The Bill was adopted on first and second readings on July 15, 2008, and September 16, 2008, respectively. Signed by the Mayor on September 29, 2008, it was assigned Act No. 17-511 and transmitted to both Houses of Congress for its review. D.C. Law 17-260 became effective on November 19, 2008. Law 18-82, the "Pension Vesting Amendment Act of 2009", as introduced in Council and assigned Bill No. 18-3, which was referred to the Committee on Government Operations and the Environment. The bill was adopted on first and second readings on July 14, 2009, and September 22, 2009, respectively. Signed by the Mayor on October 9, 2009, it was assigned Act No. 18-201 and transmitted to both Houses of Congress for its review. D.C. Law 18-82 became effective on December 8, 2009. For history of Law 19-171, see notes under § 1-125. Miscellaneous Notes Section 3 of D.C. Law 17-260 provides that section 2 shall apply as of April 5, 2002. DC CODE § 1-626.10 Current through December 11, 2012
(Mar. 3, 1979, D.C. Law 2-139, § 2610, as added Oct. 1, 1987, D.C. Law 7- 27, § 2(g), 34 DCR 5079; Nov. 19, 2008, D.C. Law 17-260, § 2, 55 DCR 10883; Dec. 8, 2009, D.C. Law 18-82, § 2, 56 DCR 8140; Sept. 26, 2012, D.C. Law 19-171, § 10, 59 DCR 6190.)