TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 8. CALIFORNIA STATE UNIVERSITY 89000-90520›PART 55. CALIFORNIA STATE UNIVERSITY 89000-90520›CHAPTER 5.5. Optional Retirement Program 89600-89623›ARTICLE 1. General Provisions 89600-89602

§ 89602

California Education Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Amended by Stats. 1996, Ch. 385, Sec. 4. Effective January 1, 1997.)

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California Education Code

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