“Annuity” means an amount of money payable in monthly installments for a period determined by the option elected by the participant or beneficiary.
Cal. Educ. Code § 26106
Definitions
Added by Stats. 1995, Ch. 592, Sec. 16
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.