California Government Code

§ 21532

GOV § 21532 Effective Jan 1, 1996Div. 5 · Title 2 · Part 3 · Ch. 14 · Art. 2

Statute text

The basic death benefit is payable in all cases where the retirement system is liable under Section 21530 for either the basic or a special death benefit and the special death benefit is not payable. The basic death benefit shall consist of:

(a)The accumulated contributions of the member.

(b)If the member is not an insured member, or is an insured member eligible for service retirement or the member is subject to benefits pursuant to Section 21547, an amount, provided from contributions by the state, or a contracting agency, equal to one-twelfth of the annual compensation earnable by the deceased during the 12 months immediately preceding his or her death, or the compensation earnable by the member at the time of becoming eligible for benefits pursuant to Section 21160 if higher, multiplied by the number of completed years of current service credited to the member, but not to exceed one-half of the annual compensation. If the member is an insured member who is ineligible for service retirement and is also credited with service as a local member only that service shall be used in computing the amount under this subdivision and that amount shall not be a part of the basic death benefit payable with respect to the insured member.

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Legislative history

Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.