5 CCR s 20554.1

Cal. Admin. Code tit. 5, s 20554.1

CALIFORNIA CODE OF REGULATIONS
TITLE 5. EDUCATION
DIVISION 3. TEACHERS' RETIREMENT SYSTEM
CHAPTER 1. TEACHERS' RETIREMENT SYSTEM
ARTICLE 4. TAX SHELTERED ANNUITY CONTRIBUTIONS
This database is current through 02/09/07, Register 2007, No. 6
s 20554.1. Discontinuance of Former Tax Sheltered Annuity Program.

The tax sheltered annuity program which was adopted by regulations
effective June 30, 1979, shall be discontinued after December 31, 1979,
and no further contributions and no new participants will be accepted
after that date. Participants in that program must elect to:
(a) Transfer their tax sheltered annuity contributions to the Board's
program which will be operative January 1, 1980; or

(b) Roll their tax sheltered annuity contributions over to a private
program; or

(c) Withdraw their tax sheltered annuity contributions; or

(d) Leave their tax sheltered annuity contributions on deposit and receive
the benefits provided by the discontinued program

Note: Authority cited: Sections 22202, 22209, 22210, 22231 and
22310, Education Code. Reference: Sections 22231 and 22310,
Education Code.

HISTORY

1. New section filed 9-21-79; effective thirtieth day thereafter (Register
79,
No. 38).

5 CCR s 20554.1, 5 CA ADC s 20554.1
1CAC

5 CA ADC s 20554.1

END OF DOCUMENT