California Government Code

§ 21455

GOV § 21455 Effective Jan 1, 2017Div. 5 · Title 2 · Part 3 · Ch. 13 · Art. 6

Statute text

Optional settlement 1 consists of the right to have a retirement allowance paid to the member until his or her death and if the member dies before he or she receives in annuity payments the amount of his or her accumulated contributions at retirement, to have the balance at death paid to his or her beneficiary or estate. This section shall apply to any member who retires on or before December 31, 2017.

Legislative history

Amended by Stats. 2016, Ch. 199, Sec. 10. (AB 2404) Effective January 1, 2017.