Designation of Beneficiary
San Diego Municipal Code § 24.1406
in effect§24.1406 Designation of Beneficiary
(a) Before entering DROP, the Member must designate a Beneficiary for his or her DROP Account. This designation will apply to all distributions made from the Member’s DROP Account. The Member may change this Beneficiary designation at any time before the amounts in his or her DROP Participation Account are fully distributed.
(b) If the Member’s DROP Account Beneficiary dies before the Member does, and the Member then dies before designating a new Beneficiary, all amounts in the Member’s DROP Account will be distributed pursuant to section 24.0706.
(c) No Beneficiary designation made under this section may abrogate the Member’s community property obligations under applicable California law.
(Amended 6–18–2002 by O–19071 N.S.)
(Amended 6-10-2014 by O-20376 N.S.; effective 7-10-2014.)
Source: City of San Diego Office of the City Clerk, San Diego Municipal Code and City Charter (docs.sandiego.gov PDFs)URL: https://docs.sandiego.gov/municode/MuniCodeChapter02/Ch02Art04Division14.pdf#page=5Fetched: 10/28/2026