Statute · California Education Code

Cal. Educ. Code § 25114 — School Employer Retirement Investment Product Vendor Registration Process and Information Bank

Cal. Educ. Code § 25114

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2013-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Except as provided in this section, an employee shall select from registered 403(b) products.

Citator

Cal. Educ. Code § 25114 — School Employer Retirement Investment Product Vendor Registration Process and Information Bank is in force in the current edition of the Code, and nothing recorded condemns it.

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.