§ 25114. — 25114. (Amended by Stats. 2012, Ch. 864, Sec. 18.)

California § 25114.

• Jurisdiction: California
• Code EDC: Education Code - EDC
• Div.: 1.
• Title 1.: DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
• Part 13.: PART 13. STATE TEACHERS' RETIREMENT SYSTEM
• Ch. 39.: CHAPTER 39. School Employer Retirement Investment Product Vendor Registration Process and Information Bank

Text

Except as provided in this section, an employee shall select from registered 403(b) products.
(a)
An employee of a local school district, community college district, or county office of education may continue to make contributions to unregistered products purchased or entered into prior to November 30, 2004.
(b)
A state employee of a state employer under the uniform state payroll system, excluding the California State University System, eligible to participate in an annuity contract and custodial account as described in Section 403(b) of the Internal Revenue Code of 1986, may continue to make contributions to unregistered products purchased
or entered into prior to January 1, 2009.

Legislative History

Amended by Stats. 2012, Ch. 864, Sec. 18. (AB 2663) Effective January 1, 2013.