California Government Code

§ 22970.84

GOV § 22970.84 Effective Jan 1, 2000Div. 5 · Title 2 · Part 8 · Ch. 11

(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.

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Legislative history

Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.