Cal. Ed. Code § 26905

Current through the 2023 Legislative Session.

Section 26905 - Normal form of benefit

The normal form of disability benefit under this part is a lump-sum payment. Upon distribution of the lump-sum payment to the participant, no further benefits shall be payable from the Cash Balance Benefit Program.

Ca. Educ. Code § 26905

Amended by Stats. 1998, Ch. 965, Sec. 286. Effective January 1, 1999.