California § 22960.89. 22960.89. (Added by Stats. 1998, Ch. 820, Sec. 11.)

California Statutes

§ 22960.89. — 22960.89. (Added by Stats. 1998, Ch. 820, Sec. 11.)

California § 22960.89.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.5.

Title 2.DIVISION 5. PERSONNEL

Part 7.PART 7. STATE PEACE OFFICERS' AND FIREFIGHTERS' DEFINED CONTRIBUTION PLAN

Ch. 11.CHAPTER 11. Benefits

This text of California § 22960.89. (22960.89. (Added by Stats. 1998, Ch. 820, Sec. 11.)) 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. Government Code - GOV Code § 22960.89. (2026).

Text

Any participant who is entitled to a distribution for retirement or disability 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 participant.

(c)A single life annuity.

(d)A joint and survivor annuity for the lifetimes of the participant and the participant’s option beneficiary.

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Any participant who is entitled to a distribution for retirement or disability 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 participant.
(c)
A single life annuity.
(d)
A joint and survivor annuity for the lifetimes of the participant and the participant’s option beneficiary.