Gov. Code, § 22960.90 · Chapter 11. Benefits
Gov. Code, § 22960.90
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
A beneficiary who is the spouse of the participant and who is entitled to a distribution 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 beneficiary.
(c) A single life annuity.
Notes and commentary — not statutory text
History
Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=22960.90.
- Text hash
- sha256 496b6b509322a44d945f75995b911266d11eb440378d667bf8ae83bfb743ab2d
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 1 provision
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Government Code
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