California § 21671. 21671. (Amended by Stats. 2010, Ch. 639, Sec. 8.)

California Statutes

§ 21671. — 21671. (Amended by Stats. 2010, Ch. 639, Sec. 8.)

California § 21671.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.5.

Title 2.DIVISION 5. PERSONNEL

Part 3.PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Ch. 16.CHAPTER 16. Deferred Compensation

This text of California § 21671. (21671. (Amended by Stats. 2010, Ch. 639, Sec. 8.)) 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. Government Code - GOV Code § 21671. (2026).

Text

A tax-preferred retirement savings program established pursuant to Section 21670 may grant the maximum tax-preferred retirement savings opportunities available under current federal law, and may provide for employer as well as employee contributions. The program may include, but is not limited to, one or more of the following plans:

(a)A deferred compensation plan described under Section 457 of Title 26 of the United States Code.

(b)A program described under Section 403(b) of Title 26 of the United States Code. Section 770.3 of the Insurance Code shall not apply to the board for the purposes of contracting for those annuities.

(c)Any other form of a tax-preferred retirement savings arrangement authorized by the provisions of Title 26 of the United States Code and approved by the board.

Free access — add to your briefcase to read the full text and ask questions with AI

A tax-preferred retirement savings program established pursuant to Section 21670 may grant the maximum tax-preferred retirement savings opportunities available under current federal law, and may provide for employer as well as employee contributions. The program may include, but is not limited to, one or more of the following plans:
(a)
A deferred compensation plan described under Section 457 of Title 26 of the United States Code.
(b)
A program described under Section 403(b) of Title 26 of the United States Code. Section 770.3 of the Insurance Code shall not apply to the board for the purposes of contracting for those annuities.
(c)
Any other form of a tax-preferred retirement savings arrangement authorized by the provisions of Title 26 of the United States Code and approved by the board.