California Education Code 89611 – “Benefit” means any monthly or lump-sum payment due a retirant, or …
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“Benefit” means any monthly or lump-sum payment due a retirant, or other beneficiary, and includes lump-sum payments due on account of death.
(Amended by Stats. 1996, Ch. 385, Sec. 5. Effective January 1, 1997.)
Terms Used In California Education Code 89611
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC