CHAPTER 11. Benefits
Chapter 11 added by Stats. 1998, Ch. 820, Sec. 11.
§§ 22960.85–22960.92 · 8 sections
- § 22960.85 (a) Upon separation from all service for the employer for any reason other than death, disability, or retirement, a participant is entitled to a lump-sum…
- § 22960.86 (a) Upon separation from all service for the employer, a participant may apply for a retirement benefit, provided the retirement date is no earlier than the…
- § 22960.87 (a) A disability benefit shall become payable to a participant only upon the participant’s separation from all service for the employer and upon a…
- § 22960.88 (a) Upon receipt of proof of a participant’s death, the beneficiary or beneficiaries shall be entitled to a death benefit that is a lump-sum distribution of…
- § 22960.89 Any 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…
- § 22960.90 A beneficiary who is the spouse of the participant and who is entitled to a distribution that equals or exceeds five thousand dollars ($5,000), may elect to…
- § 22960.91 A beneficiary who is not the spouse of the participant, and who is entitled to a distribution that equals or exceeds five thousand dollars ($5,000), may elect…
- § 22960.92 The board may contract with an insurance, annuity, mutual fund, or any other qualified company to provide annuities to participants pursuant to Section…