§ 22105 Annuity Definitions For Programs

Education Code·California

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Key Takeaways

•Annuity means you get paid for life from the money you saved in the Defined Benefit Program.
•In the Defined Benefit Supplement Program, you can choose to get paid monthly instead of all at once.

Example

If you save money in a retirement plan at work, you can get paid every month when you retire instead of getting one big check.

This law says you can choose to get your retirement money as monthly payments for life, instead of all at once.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 22105 Annuity Definitions For Programs

(a) “Annuity,” with respect to the Defined Benefit Program, means payments for life derived from the “accumulated annuity deposit contributions” of a member. (b) “Annuity,” with respect to the Defined Benefit Supplement Program, means an alternative payment arrangement wherein a benefit based on the balance of credits in a member’s Defined Benefit Supplement account is paid monthly rather than in a lump-sum. (Amended by Stats. 2000, Ch. 74, Sec. 6. Effective January 1, 2001.)

Last verified: January 23, 2026

Key Terms

Annuity Defined Benefit Program Defined Benefit Supplement Program accumulated annuity deposit contributions Defined Benefit Supplement account

References

Official text at leginfo.legislature.ca.gov
California Legislature. Education Code. Section 22105.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References