Cal. EDC § 27008
This is the official text of Cal. EDC § 27008, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
Upon the death of a beneficiary who was receiving an annuity under this part due to the death of a participant, payment shall be made as follows:
(a) Upon the death of a beneficiary under a joint and survivor option, no amount shall be payable.
(b) Upon the death of a beneficiary who elected a single life annuity without a cash refund feature, no amount shall be payable.
(c) Upon the death of a beneficiary who was receiving a period certain annuity, the actuarial equivalent of the remaining balance of payments shall be paid in a lump sum to the estate of the beneficiary unless the beneficiary designated a payee to receive the remaining balance of payments as provided in Section 27004.
(a) Upon the death of a beneficiary under a joint and survivor option, no amount shall be payable.
(b) Upon the death of a beneficiary who elected a single life annuity without a cash refund feature, no amount shall be payable.
(c) Upon the death of a beneficiary who was receiving a period certain annuity, the actuarial equivalent of the remaining balance of payments shall be paid in a lump sum to the estate of the beneficiary unless the beneficiary designated a payee to receive the remaining balance of payments as provided in Section 27004.
Status: in_force · Read it on the official government site
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