California Legal Codes and Statutes

§ 22960.89

Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.

Any participant who is entitled to a distribution for retirement or disability 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 of years that extends no longer than the life expectancy of the participant.
(c)A single life annuity.
(d)A joint and survivor annuity for the lifetimes of the participant and the participant’s option beneficiary.

Cite this section

Cal. Gov. Code § 22960.89 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-5-personnel/part-7-state-peace-officers-and-firefighters-defined-contribution-plan/chapter-11-benefits/section-22960.89

Other sections in Chapter 11 - Benefits

§ 22960.85§ 22960.86§ 22960.87§ 22960.88§ 22960.89§ 22960.90§ 22960.91§ 22960.92

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.