California Government Code

§ 22970

GOV § 22970 Effective Jan 1, 2008Div. 5 · Title 2 · Part 8 · Ch. 1

Statute text

(a)The Supplemental Contributions Program is hereby established to be a defined contribution plan within the meaning of subsection (i) of Section 414 of Title 26 of the United States Code. This program shall operate in accordance with the plan document adopted by the board.

(b)This part does not establish a new program, but rather recodifies, and further defines the Supplemental Contributions Program as amended by Chapter 576 of the Statutes of 1994, to ensure full compliance with the applicable provisions of Title 26 of the United States Code.

Legislative history

Amended by Stats. 2007, Ch. 511, Sec. 1. Effective January 1, 2008.