Government Code section 31762

Optional settlement 2 consists of the right to elect in writing to have a retirement allowance paid to the member until the member’s death, and thereafter to the natural person, having an insurable interest in the member’s life, as the member nominates by written designation duly executed and filed with the board at the time of the member’s retirement.

Source: Section 31762, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=31762.­ (updated Jan. 1, 2023; accessed Jul. 20, 2026).

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Verified:
Jul. 20, 2026

§ 31762's source at ca​.gov