In addition to any other form in which retirement benefits may be distributed under the pension plan, the commission may, in its discretion, award to a covered boxer a medical early retirement benefit in the amount contained in the covered boxers’ pension plan account at the time the commission makes this award and in the manner provided in the regulations governing the boxers’ pension plan. This benefit shall be in lieu of a pension.
Cal. Bus. & Prof. Code § 18887
Boxer Benefits
Known as the Boxing Act or the State Athletic Commission Act
The act spans §§ 18600–18888 (174 sections).
Repealed and added by Stats. 1996, Ch. 377, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.