Ca. Educ. Code § 26204 Annuitant Reserve

LibraryCalifornia Codes
Edition2023 Edition
CurrencyCurrent through the 2023 Legislative Session.
Year2023
CitationCa. Educ. Code § 26204

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 R...

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