California Education Code

§ 22250

EDC § 22250 Effective Jan 1, 1999Div. 1 · Title 1 · Part 13 · Ch. 4

Statute text

The board and its officers and employees of the system shall discharge their duties with respect to the system and the plan solely in the interest of the members and beneficiaries of the Defined Benefit Program as well as the participants and beneficiaries of the Cash Balance Benefit Program as follows:

(a)For the exclusive purpose of the following:

(1)Providing benefits to members and beneficiaries of the Defined Benefit Program as well as the participants and beneficiaries of the Cash Balance Benefit Program.

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Legislative history

Amended by Stats. 1998, Ch. 965, Sec. 27. Effective January 1, 1999.