TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32527›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32527›PART 13. STATE TEACHERS' RETIREMENT SYSTEM 22000-25115›CHAPTER 38. Defined Benefit Supplement Program 25000-25025›ARTICLE 2. Program Accounts 25001-25008.5

§ 25002

California Education Code · 2026-09 edition · updated 2026-10-03 · California

The board shall establish and maintain a segregated account within the retirement fund to be known as the Annuitant Reserve and the board shall have sole authority over the reserve. The Annuitant Reserve shall be used for the payment of annuities under the Defined Benefit Supplement Program. The board shall transfer the balance of credits in a member’s accumulated Defined Benefit Supplement account to the reserve when a benefit is to be paid as an annuity.

(Amended (as added by Stats. 2000, Ch. 74) by Stats. 2000, Ch. 1021, Sec. 48. Effective January 1, 2001.)

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California Education Code

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