TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›PART 13. STATE TEACHERS' RETIREMENT SYSTEM 22000-25115›CHAPTER 2. Definitions 22100-22177
§ 22105
California Education Code · 2020-11 edition · updated 2026-10-04 · California
(a) “Annuity,” with respect to the Defined Benefit Program, means payments for life derived from the “accumulated annuity deposit contributions” of a member.
(b) “Annuity,” with respect to the Defined Benefit Supplement Program, means an alternative payment arrangement wherein a benefit based on the balance of credits in a member’s Defined Benefit Supplement account is paid monthly rather than in a lump-sum.
(Amended by Stats. 2000, Ch. 74, Sec. 6. Effective January 1, 2001.)
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