§ 22960.79
62 words·~1 min read·
/ca/government-code/22960-79A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A nonparticipant spouse who is entitled to a distribution for retirement 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.