California Statutes
§ 21601. — 21601. (Added by Stats. 1995, Ch. 379, Sec. 2.)
California·Code GOV Government Code - GOV·Div. 5.·Title 2. DIVISION 5. PERSONNEL·Part 3. PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Ch. 14. CHAPTER 14. Death Benefits·Art. 4. ARTICLE 4. Preretirement Group Term Life Insurance
A separate account shall be established in the retirement fund to be known as the Insurance Benefits Account. Moneys in the account shall be expended for the sole purpose of payment of insurance benefits under this article. Interest shall be credited to the account at the annual rate and in the same manner as interest is credited to employer and employee contributions in the retirement fund.
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California § 21601. (21601. (Added by Stats. 1995, Ch. 379, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.