Section 27001 Of Chapter 11. Death Benefit From California Education Code >> Division 1. >> Title 1. >> Part 14. >> Chapter 11.
27001
. Notwithstanding Chapter 3 (commencing with Section 13100) of
Part 1 of Division 8 of the Probate Code or any other provision of
law to the contrary, the death benefit payable under the Cash Balance
Benefit Program may be requested by the beneficiary and paid by the
system as soon as practicable after the system receives proof of the
participant's death. Except as provided in Section 27302, the death
benefit under this part shall be paid no later than December 31 of
the calendar year in which the fifth anniversary of the participant's
date of death occurs unless the beneficiary is the participant's
spouse in which case distributions must commence on or before the
later of either of:
(a) December 31 of the calendar year immediately following the
calendar year in which the participant dies.
(b) December 31 of the calendar year in which the participant
would have attained the age of 70 1/2 years.