California Statutes
§ 26204. — 26204. (Amended by Stats. 1998, Ch. 1048, Sec. 28.)
California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 14. PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM·Ch. 3. CHAPTER 3. Plan Administration
The board shall establish an Annuitant Reserve within the Teachers’ Retirement Fund for the Cash Balance Benefit Program. The board has sole authority to administer the Annuitant Reserve for the payment of annuities. The board may transfer the credits from a participant’s employee account and employer account to the Annuitant Reserve upon election of an annuity by the participant or beneficiary of the participant.
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California § 26204. (26204. (Amended by Stats. 1998, Ch. 1048, Sec. 28.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1998, Ch. 1048, Sec. 28. Effective January 1, 1999.