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Current as of January 01, 2025 | Updated by Findlaw Staff
The annuity elected under this chapter shall be determined as a value actuarially equivalent to the sum of the participant's employee account and employer account as of the date the death benefit becomes payable. The annuity shall be calculated using the age of the beneficiary on the date the benefit becomes payable.
Cite this article: FindLaw.com - California Code, Education Code - EDC § 27005 - last updated January 01, 2025 | https://codes.findlaw.com/ca/education-code/edc-sect-27005/
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