Contributions of the state with respect to state miscellaneous members shall be held exclusively for the benefit of state miscellaneous members, retired employees who were state miscellaneous members and beneficiaries of those members and retired employees.
Cal. Gov. Code § 20833
Employer Contributions
Known as the Public Employees’ Retirement Law
The act spans §§ 20000–21716 (1,037 sections).
Amended by Stats. 1996, Ch. 906, Sec. 103
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.