The right of a participant to a benefit under this part, whether by lump sum or annuity, is not subject to execution or any other process whatsoever, except to the extent permitted by Section 704.110 of the Code of Civil Procedure, and is unassignable except as specifically provided under this part.
(Amended by Stats. 1998, Ch. 1048, Sec. 43. Effective January 1, 1999.)