CA Gov't Code Section 22960.89


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.
Last Updated

Aug. 19, 2023

§ 22960.89’s source at ca​.gov