Cal. Code Regs. tit. 2 § 599.945.2
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
An employee, subject to the Plan, shall contribute 7.5% of his or her gross pay into an account established for him or her in the Plan. These contributions shall be invested in an investment fund which shall insure preservation of principal. The employee's account shall be the sole source of funding his or her retirement benefits from the Plan.
Cal. Code Regs. Tit. 2, § 599.945.2