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.
Source:
Section 22960.90, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=22960.90..