California Education Code

§ 24345

EDC § 24345 Effective Jan 1, 2015Div. 1 · Title 1 · Part 13 · Ch. 28

Statute text

(a)A member who retired and elected an option pursuant to Section 24300 may elect to change options, subject to all of the following:

(1)A member who elected Option 2 may elect to change to the 100-percent beneficiary option described in paragraph (1) or the 75-percent beneficiary option described in paragraph (2) of subdivision (a) of Section 24300.1.

(2)A member who elected Option 3, Option 4, or Option 5 may elect to change to the 75-percent beneficiary option described in paragraph (2) or the 50-percent beneficiary option described in paragraph (3) of subdivision (a) of Section 24300.1.

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Legislative history

Added by renumbering Section 24300.2 by Stats. 2014, Ch. 755, Sec. 42. (SB 1220) Effective January 1, 2015.