California § 26204. 26204. (Amended by Stats. 1998, Ch. 1048, Sec. 28.)

California Statutes

§ 26204. — 26204. (Amended by Stats. 1998, Ch. 1048, Sec. 28.)

California § 26204.

JurisdictionCalifornia

Code EDCEducation 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

This text of California § 26204. (26204. (Amended by Stats. 1998, Ch. 1048, Sec. 28.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Education Code - EDC Code § 26204. (2026).

Text

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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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.

Legislative History

Amended by Stats. 1998, Ch. 1048, Sec. 28. Effective January 1, 1999.

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California § 26204., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/26204..