Section 24602 Of Chapter 31. Procedures Concerning Payment From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 31.
24602
. The board may establish a special account and procedures to
pay, on an emergency basis, allowances, death payments and up to 75
percent of the return of the balance of the accumulated retirement
contributions as a result of termination of employment or death.
Disbursements under the special account shall be by checks issued by
the system and subject to the auditing requirements of the
Controller. Payments under the special account shall be deducted from
allowances, death benefits, and payment of accumulated retirement
contributions, otherwise due.