Section 21453 Of Article 6. Optional Settlements From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 13. >> Article 6.
21453
. An election, revocation, or change of election shall be made
within 30 calendar days after the making of the first payment on
account of any retirement allowance or, in the event of a change of
retirement status after retirement, within 30 calendar days after the
making of the first payment on account of any retirement allowance
following the change in retirement status. "Change in retirement
status" includes, but is not limited to, change from service to
disability retirement, from disability retirement to service
retirement, from nonindustrial disability retirement to industrial
disability retirement, or from industrial to nonindustrial disability
retirement.
For purposes of this section, payment shall be deemed to have been
made on the date a warrant is mailed, or the date funds are
electronically transferred to a bank, savings and loan association,
or credit union account for deposit in the member's account.
This section shall not be construed to authorize a member to
change his or her retirement status after the election, revocation,
or change of election provided in this section.