There is a newer version of the California Code
2005 California Government Code Sections 50964-50965 Article 4. Award
GOVERNMENT CODESECTION 50964-50965
50964. An award is payable in equal monthly installments in arrears. Notwithstanding any other provision of this chapter, no award or portion thereof shall accrue or become payable for the month in which the member dies. 50965. (a) The award shall consist of one hundred dollars ($100) per month for life reduced proportionately for service less than 20 years. (b) (1) A supplemental amount, not to exceed fifty dollars ($50), may be added to the award, based on an actuarial analysis of the condition of the fund as determined by the board. The amount shall be reviewed annually by the board to ensure that it remains consistent with the maintenance of adequate actuarial reserves. (2) Supplemental payments shall not commence until any outstanding loan to the award system has been repaid to the General Fund. (c) Upon the death of award recipient or a member of the award system who has accrued 10 years of service, the board shall pay a one-time lump-sum death benefit of three thousand dollars ($3,000) to the member's designated beneficiary or the member's estate.
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