CA Gov't Code Section 22970.84


(a)

Any participant who is entitled to a distribution may elect to receive the distribution in either of the following forms:

(1)

A single lump sum payment.

(2)

Substantially level installment payments for a period of years that extends no longer than the life expectancy of the participant.

(b)

Any beneficiary who is entitled to a distribution may elect to receive the distribution in either of the following forms:

(1)

A single lump sum payment.

(2)

Substantially level installment payments for a period of years that extends no longer than the life expectancy of the beneficiary.
Last Updated

Aug. 19, 2023

§ 22970.84’s source at ca​.gov