§ 26209
51 words·~1 min read·
/ca/education-code/26209A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board may authorize the transfer and disbursement of funds from the Teachers’ Retirement Fund for the purpose of carrying into effect the Cash Balance Benefit Program upon the signature of its chairperson, vice chairperson, the chief executive officer, or any employee of the system designated by the chief executive officer.