California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 1. GENERAL EDUCATION CODE PROVISIONS |
Division 1. GENERAL EDUCATION CODE PROVISIONS |
Part 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM |
Chapter 3. Plan Administration |
Section 26207.5.
Latest version.
-
In no event shall the funding of the Cash Balance Benefit Program be a liability of the state or the General Fund, nor shall the General Fund be used to offset or fund any liabilities attributed to the operation of the Cash Balance Benefit Program.
(Amended by Stats. 1998, Ch. 1048, Sec. 31. Effective January 1, 1999.)