Ed. Code, § 26403 · Chapter 5. Eligibility
Ed. Code, § 26403
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A person who performs trustee service for an employer who has elected to provide benefits pursuant to this part to its employees may elect to participate in the Cash Balance Benefit Program for that service.
(1) The election shall be made in writing on a properly executed form prescribed by the system and filed with the employer at any time while performing trustee service.
(2) The election form shall be received at the system’s headquarters office within 60 calendar days after the date of the trustee’s signature and prior to the submission of contributions. The employer shall retain a copy of the election form.
(3) The election shall become effective no earlier than the first day of the pay period in which the election is made.
(b) An election made pursuant to this section is irrevocable.
Notes and commentary — not statutory text
History
Amended by Stats. 2019, Ch. 318, Sec. 11. (AB 1452) Effective January 1, 2020.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=26403.
- Text hash
- sha256 16a4b78d2579cb1c3f7d843d40754d9245dad1fc09a4bb87ec91a1c2394979b6
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 3 provisions
Provisions in this library whose text cites Ed. Code, § 26403. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.