Government 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.

Source: Section 22970.84, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=22970.­84.­ (updated Jan. 1, 2000; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 22970.84's source at ca​.gov