Cal. Government Code § 32361

California · California Government Code · Status: effective

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Citation: Cal. Government Code § 32361, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/845504
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At any time before the first payment of any pension is made, a member or beneficiary may elect to receive the actuarial equivalent at that time of his pension in a lesser pension payable throughout his life and that of his widow, widower or beneficiary, if she or he survives him, in accordance with one of the following options: Option 1: Upon his death, such lesser pension shall be continued throughout the life of and paid to his widow, widower or beneficiary. Option 2: Upon his death, one-half of such lesser pension shall be continued throughout the life of and paid to his widow, widower or beneficiary.