California Education Code

§ 26807.6

EDC § 26807.6 Effective Jan 1, 2016Div. 1 · Title 1 · Part 14 · Ch. 9

Statute text

(a)A participant who retired and elected an annuity pursuant to Section 26807 may elect to change annuities, subject to all of the following:

(1)A participant who elected a single life annuity with or without a cash refund feature or a period certain annuity may not change his or her annuity.

(2)A participant who elected an annuity under paragraph (3) or (4) of subdivision (b) of Section 26807 may elect an annuity under paragraph (3) of subdivision (a) of Section 26807.5.

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Legislative history

Amended by Stats. 2015, Ch. 123, Sec. 36. (AB 991) Effective January 1, 2016.