§ 32361. — 32361. (Amended by Stats. 1949, Ch. 1367.)

California § 32361.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Div.: 4.
• Title 3.: DIVISION 4. EMPLOYEES
• Part 3.: PART 3. RETIREMENT SYSTEMS
• Ch. 5.: CHAPTER 5. County Fire Service Retirement Law
• Art. 6.: ARTICLE 6. Benefits

Text

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.

Legislative History

Amended by Stats. 1949, Ch. 1367.