™Your Policy Risk Impact Agent
510 chapters · 11,524 sections in this title.
Educ. Code § 24950 Section 24950
3.2K chars
(a) An annuity contract and custodial account as described in Section 403(b) of the Internal Revenue Code of 1986 shall be offered to : (1) All employees of any state agency who are members of the plan under this part. (2) Any employee of a local public agency or political subdiv…
Educ. Code § 24950.5 Section 24950.5
0.7K chars
(a) The system may administer an individual retirement plan as described in Section 408A of Title 26 of the United States Code for the purpose of accepting a rollover from an annuity contract or custodial account offered by the system pursuant to this chapter to the extent the ro…
Educ. Code § 24951 Section 24951
0.6K chars
If the rate of participation in the annuity contract and custodial account is less than 2 percent of active members in the Defined Benefit Program upon the completion of the initial five years of administration, the board may elect to terminate the offering of the annuity contrac…
Educ. Code § 24952 Section 24952
0.8K chars
(a) Any annuity contract and custodial account advertised, promoted, or offered through one or more third-party service providers, shall provide for recovery, from the employees who participate, of all costs and expenses of its own administration, including, but not limited to, a…
