Section 21605 Of Article 4. Preretirement Group Term Life Insurance From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 14. >> Article 4.
21605
. The insurance benefit shall be the sum of the following
amounts:
(a) Five thousand dollars ($5,000).
(b) An amount equal to 50 percent of the annual compensation
earnable by the deceased member during the 12 months immediately
preceding his or her death or the compensation earnable by the member
at the time of becoming eligible for benefits pursuant to Section
21160 if higher, or if a member also has state service in an
employment in which employees are ineligible to be insured members, a
proportionate part of that amount in the ratio of eligible service
to total service. No amount shall be paid under this subdivision if
the member is eligible for service retirement or the member is
subject to benefits pursuant to Section 21547.
If this section is in conflict with the provisions of a memorandum
of understanding reached pursuant to Section 3517.5, the memorandum
of understanding shall be controlling without further legislative
action, except that if the provisions of a memorandum of
understanding require the expenditure of funds, the provisions shall
not become effective unless approved by the Legislature in the annual
Budget Act.