There is a newer version of the California Code
2011 California Code
Government Code
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
CHAPTER 11. Benefits
Section 22960.91
CA Govt Code § 22960.91 (through 2012 Leg Sess) What's This?
A beneficiary who is not the spouse of the participant, and who is entitled to a distribution that equals or exceeds five thousand dollars ($5,000), may elect to receive the distribution in one of the following forms:
(a) A single lump-sum payment.
(b) Substantially level installment payments for a period not to exceed five years.
(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
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