Cal. Ed. Code § 27006

Current through the 2023 Legislative Session.
Section 27006 - Credits transferred to Annuitant Reserve

Upon the beneficiary's election to receive the death benefit under this part in the form of an annuity, the credits in the participant's employee account and employer account shall be transferred to the Annuitant Reserve.

Ca. Educ. Code § 27006

Amended by Stats. 1998, Ch. 965, Sec. 292. Effective January 1, 1999.