Statute · California Government Code
Cal. Gov't Code § 21474 — Optional Settlements On and After January 1, 2018
Cal. Gov't Code § 21474
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2017-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The Return of Remaining Contributions Option 1 consists of the right to have a retirement allowance paid to a member until his or her death and if he or she dies before he or she receives in annuity payments the amount of his or her accumulated contributions at retirement, to have the…
Citator
Cal. Gov't Code § 21474 — Optional Settlements On and After January 1, 2018 is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The Return of Remaining Contributions Option 1 consists of the right to have a retirement allowance paid to a member until his or her death and if he or she dies before he or she receives in annuity payments the amount of his or her accumulated contributions at retirement, to have the balance at death paid to his or her beneficiary or beneficiaries.
(b) This section shall apply to any member who retires on or after January 1, 2018.