Section 22970.84.

Cal. Government Code - GOV § 22970.84.
in effect
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(a) Any participant who is entitled to a distribution may elect to receive the distribution in either of the following forms: (1) A single lump sum payment. (2) Substantially level installment payments for a period of years that extends no longer than the life expectancy of the participant. (b) Any beneficiary who is entitled to a distribution may elect to receive the distribution in either of the following forms: (1) A single lump sum payment. (2) Substantially level installment payments for a period of years that extends no longer than the life expectancy of the beneficiary.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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