Statute · California Education Code

Cal. Educ. Code § 22105 — Definitions

Cal. Educ. Code § 22105

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2001-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) “Annuity,” with respect to the Defined Benefit Program, means payments for life derived from the “accumulated annuity deposit contributions” of a member.

Citator

Cal. Educ. Code § 22105 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

(a) “Annuity,” with respect to the Defined Benefit Program, means payments for life derived from the “accumulated annuity deposit contributions” of a member.

(b) “Annuity,” with respect to the Defined Benefit Supplement Program, means an alternative payment arrangement wherein a benefit based on the balance of credits in a member’s Defined Benefit Supplement account is paid monthly rather than in a lump-sum.