Statute · California Government Code
Cal. Gov't Code § 22960.90 — Benefits
Cal. Gov't Code § 22960.90
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1998-09-25
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A beneficiary who is the spouse of the participant and who is entitled to a distribution that equals or exceeds five thousand dollars ($5,000), may elect to receive the distribution in one of the following forms:
Citator
Cal. Gov't Code § 22960.90 — Benefits is in force in the current edition of the Code, and nothing recorded condemns it.
A beneficiary who is the spouse of the participant and who is entitled to a distribution that equals or exceeds five thousand dollars ($5,000), may elect to receive the distribution in one of the following forms:
(a) A single lump-sum payment.
(b) Substantially level installment payments for a period of years that extends no longer than the life expectancy of the beneficiary.
(c) A single life annuity.