Statute · California Education Code
Cal. Educ. Code § 27005 — Death Benefit
Cal. Educ. Code § 27005
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The annuity elected under this chapter shall be determined as a value actuarially equivalent to the sum of the participant’s employee account and employer account as of the date the death benefit becomes payable. The annuity shall be calculated using the age of the beneficiary on the date the…
Citator
Cal. Educ. Code § 27005 — Death Benefit is in force in the current edition of the Code, and nothing recorded condemns it.
The annuity elected under this chapter shall be determined as a value actuarially equivalent to the sum of the participant’s employee account and employer account as of the date the death benefit becomes payable. The annuity shall be calculated using the age of the beneficiary on the date the benefit becomes payable.