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Earlier editions: 2020-112018-112026-09

TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32527›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32527›PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM 26000-28101›CHAPTER 11. Death Benefit 27000-27008

§ 27005

California Education Code · 2026-10 edition · updated 2026-10-04 · California

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.

(Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)

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