Statute · California Education Code
Cal. Educ. Code § 26804 — Retirement Benefit
Cal. Educ. Code § 26804
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2022-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Application for a retirement benefit under this part shall be made on a form prescribed by the system. A participant who files an application for a retirement benefit may change or cancel the retirement application if all of the following are met:
Citator
Cal. Educ. Code § 26804 — Retirement Benefit is in force in the current edition of the Code, and nothing recorded condemns it.
Application for a retirement benefit under this part shall be made on a form prescribed by the system. A participant who files an application for a retirement benefit may change or cancel the retirement application if all of the following are met:
(a) The form provided by the system is received in the system’s headquarters office no later than 30 days from the date of the participant’s initial benefit payment.
(b) The participant returns the total gross distribution amount of all payments for any canceled retirement benefit, including a lump-sum payment being changed to an annuity, to the system’s headquarters office no later than 45 days from the date of the participant’s initial benefit payment. The participant shall be liable for any adverse tax consequences that may result from these actions.