Upon election of an annuity under this part, the credits in the participant’s employee account and employer account shall be transferred to the Annuitant Reserve.
(Amended by Stats. 1998, Ch. 965, Sec. 288. Effective January 1, 1999.)
Educ. Code § 26908, under Disability Benefit.
Educ. Code § 26908
Upon election of an annuity under this part, the credits in the participant’s employee account and employer account shall be transferred to the Annuitant Reserve.
(Amended by Stats. 1998, Ch. 965, Sec. 288. Effective January 1, 1999.)