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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 3. Administration and Participation 89620-89623

§ 89623

California Education Code · 2020-11 edition · updated 2026-10-04 · California

No retirement, death, or other benefit shall be paid by the state or the trustees for services credited under the optional retirement program. The benefits are payable to participants or their beneficiaries only by the designated company or companies in accordance with the terms of the contracts, certificates, or investment funds.

(Amended by Stats. 1996, Ch. 385, Sec. 6. Effective January 1, 1997.)

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California Education Code

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