California § 21458 - Optional settlement 4 consists of such other benefits as are the actuarial equiva
Full text of California Public Contract Code - PCC § 21458 — Optional settlement 4 consists of such other benefits as are the actuarial equiva, with citation guidance and answers to common questions.
§ 21458. Optional settlement 4 consists of such other benefits as are the actuarial equiva
Optional settlement 4 consists of such other benefits as are the actuarial equivalent of a memberâs retirement allowance, that he or she may select subject to the approval of the board. However, the actuarial equivalent of benefits under this optional settlement payable to the memberâs beneficiary shall not exceed the actuarial equivalent of the benefits which would be payable to that beneficiary if the member had elected optional settlement 2 and Section 21459. The board shall include in each member benefit booklet a specific illustration of the benefits available under optional settlement 4. This section shall apply to any member who retires on or before December 31, 2017.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 21458
What does Public Contract Code - PCC § 21458 cover?
Section 21458 ("Optional settlement 4 consists of such other benefits as are the actuarial equiva") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 21458?
A common citation format is "Public Contract Code - PCC § 21458" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 21458 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.