Section 31762 Of Article 11. Optional Retirement Allowances From California Government Code >> Division 4. >> Title 3. >> Part 3. >> Chapter 3. >> Article 11.

. Optional settlement 2 consists of the right to elect in writing to have a retirement allowance paid to him or her until his or her death, and thereafter to the person, having an insurable interest in his or her life, as he or she nominates by written designation duly executed and filed with the board at the time of his or her retirement.