California § 27005 - The annuity elected under this chapter shall be determined as a value actuarially
Full text of California Public Contract Code - PCC § 27005 — The annuity elected under this chapter shall be determined as a value actuarially, with citation guidance and answers to common questions.
§ 27005. The annuity elected under this chapter shall be determined as a value actuarially
The annuity elected under this chapter shall be determined as a value actuarially equivalent to the sum of the participantâs employee account and employer account as of the date the death benefit becomes payable. The annuity shall be calculated using the age of the beneficiary on the date the benefit becomes payable.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 27005
What does Public Contract Code - PCC § 27005 cover?
Section 27005 ("The annuity elected under this chapter shall be determined as a value actuarially") 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 § 27005?
A common citation format is "Public Contract Code - PCC § 27005" (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 § 27005 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.