California § 27007. 27007. (Amended by Stats. 2017, Ch. 298, Sec. 28.)

California Statutes

§ 27007. — 27007. (Amended by Stats. 2017, Ch. 298, Sec. 28.)

California § 27007.

JurisdictionCalifornia

Code EDCEducation Code - EDC

Div.1.

Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS

Part 14.PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM

Ch. 11.CHAPTER 11. Death Benefit

This text of California § 27007. (27007. (Amended by Stats. 2017, Ch. 298, Sec. 28.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Education Code - EDC Code § 27007. (2026).

Text

(a)If the participant died while receiving an annuity under this part, the death benefit shall be payable in accordance with the terms of the annuity elected by the participant.

(b)Upon the death of a participant who elected a single life annuity with a cash refund feature under this part, any balance remaining in the participant’s employee account and employer account shall be payable in a lump sum to the beneficiary.

(c)Upon the death of a participant who elected a single life annuity without a cash refund feature under this part, no death benefit shall be payable.

(d)Upon the death of a participant who elected a joint and survivor annuity under this part, the annuity shall continue for life to the surviving beneficiary under the joint and survivor option. If the beneficiary under th

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(a)
If the participant died while receiving an annuity under this part, the death benefit shall be payable in accordance with the terms of the annuity elected by the participant.
(b)
Upon the death of a participant who elected a single life annuity with a cash refund feature under this part, any balance remaining in the participant’s employee account and employer account shall be payable in a lump sum to the beneficiary.
(c)
Upon the death of a participant who elected a single life annuity without a cash refund feature under this part, no death benefit shall be payable.
(d)
Upon the death of a participant who elected a joint and survivor annuity under this part, the annuity shall continue for life to the surviving beneficiary under the joint and survivor option. If the beneficiary under the joint and survivor option has predeceased the participant, no death benefit shall be payable.
(e)
Upon the death of a participant who elected a period certain annuity under this part prior to the completion of annuity payments due the participant, the remaining balance of payments shall be paid to the beneficiary designated by the participant pursuant to Section 27100.
(1)
If the beneficiary is a person, the remaining period certain annuity payments shall be made over the amount of time remaining in
the period originally elected by the deceased member and shall be made in payments equal to the amount of the annuity payments previously received by the deceased member.
(2)
If the beneficiary is not a person, the remaining balance of period certain annuity payments shall be made in a lump-sum payment equal to the present value of the balance of payments due over the time remaining in the period originally elected by the deceased member.

Legislative History

Amended by Stats. 2017, Ch. 298, Sec. 28. (AB 1325) Effective January 1, 2018.

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California § 27007., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/27007..