Section 22960.89.
Cal. Government Code - GOV § 22960.89.
in effectAny 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.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026