Statute · California Education Code

Cal. Educ. Code § 24602 — Procedures Concerning Payment

Cal. Educ. Code § 24602

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2023-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The board may establish a special account and procedures to pay, on an emergency basis, allowances, death payments, and up to 75 percent of the return of the balance of the accumulated retirement contributions as a result of termination of employment or death. Disbursements under the special…

Citator

Cal. Educ. Code § 24602 — Procedures Concerning Payment is in force in the current edition of the Code, and nothing recorded condemns it.

The board may establish a special account and procedures to pay, on an emergency basis, allowances, death payments, and up to 75 percent of the return of the balance of the accumulated retirement contributions as a result of termination of employment or death. Disbursements under the special account shall be by checks issued by the system and subject to the auditing requirements of the Controller. Payments under the special account shall be deducted from allowances, death benefits, and payment of accumulated retirement contributions, otherwise due.