Government Code - GOV
TITLE 3. GOVERNMENT OF COUNTIES [23000 - 33205]
( Title 3 added by Stats. 1947, Ch. 424. ) DIVISION 4. EMPLOYEES [31000 - 33017]
( Division 4 added by Stats. 1947, Ch. 424. ) PART 3. RETIREMENT SYSTEMS [31200 - 33017]
( Part 3 added by Stats. 1947, Ch. 424. ) CHAPTER 4. County Peace Officers Retirement Law [31900 - 32063]
( Chapter 4 added by Stats. 1947, Ch. 424. ) ARTICLE 7. Benefits [32050 - 32063]
( Article 7 added by Stats. 1947, Ch. 424. ) 32062.
At any time before the first payment of any pension is made, a member or pensioner may elect to receive the actuarial equivalent at that time of his pension in a lesser pension payable throughout his life and that of his widow, widower or beneficiary, if he or she survives him, in accordance with one of the following options:
Option 1: Upon his death, such lesser pension shall be continued throughout the life of and paid to his widow, widower or beneficiary.
Option 2: Upon his death, one-half of such lesser pension shall be continued throughout the life of and paid to his widow, widower or
beneficiary.
(Amended by Stats. 1949, Ch. 1367.)