California Education Code

§ 24950

EDC § 24950 Effective Jan 1, 2009Div. 1 · Title 1 · Part 13 · Ch. 36

Statute text

(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 subdivision of this state that employs persons to perform creditable service subject to coverage by the plan under this part.

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Legislative history

Amended by Stats. 2008, Ch. 230, Sec. 1. Effective January 1, 2009.