Statute · California Education Code

Cal. Educ. Code § 89602 — General Provisions

Cal. Educ. Code § 89602

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Under this optional retirement program, the trustees shall offer eligible employees contracts, certificates, or investment funds providing retirement and death benefits, funded through annuities or investment fund options. The state and eligible employees electing this optional retirement…

Citator

Cal. Educ. Code § 89602 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

Under this optional retirement program, the trustees shall offer eligible employees contracts, certificates, or investment funds providing retirement and death benefits, funded through annuities or investment fund options. The state and eligible employees electing this optional retirement program shall contribute to the optional retirement program to the extent authorized or required by this chapter. Benefits under the contracts, certificates, or investment funds are owned by the participants.