Cal. Government Code § 22970.84
Cal. Government Code § 22970.84
California · California Government Code · Status: effective · Effective 2000-01-01
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- Citation
- Cal. Government Code § 22970.84, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/841876
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Full text
(a) Any participant who is entitled to a distribution may elect to receive the distribution in either of the following forms:
(1) A single lump sum payment.
(2) Substantially level installment payments for a period of years that extends no longer than the life expectancy of the participant.
(b) Any beneficiary who is entitled to a distribution may elect to receive the distribution in either of the following forms:
(1) A single lump sum payment.
(2) Substantially level installment payments for a period of years that extends no longer than the life expectancy of the beneficiary.