Statutes, codes, and regulations
California Code Of Regulations
Title 2 - AdministrationDivision 1 - Administrative PersonnelChapter 2 - Board of Administration of Public Employees' Retirement SystemSubchapter 1 - Employees' Retirement System Regulations
Article 1.5 - Plan Qualification Requirements for the Public Employees' Retirement Fund
Section 553.1 - Compliance with Section 401(a) of the Internal Revenue Code

Cal. Code Regs. tit. 2 § 553.1

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Current through Register 2024 Notice Reg. No. 45, November 8, 2024
Section 553.1 - Compliance with Section 401(a) of the Internal Revenue Code

The Public Employees' Retirement System is intended to constitute a governmental plan within the meaning of Section 414(d) of the Internal Revenue Code, and as such, the system and all benefits payable thereunder are intended to satisfy all requirements of Section 401(a) of the Internal Revenue Code that apply to such a governmental plan.

Cal. Code Regs. Tit. 2, § 553.1

1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).

Note: Authority cited: Section 20121, Government Code. Reference: California Constitution, Article XVI, Section 17; Sections 20001, 20002, 20170 and 20171, Government Code; and Sections 401(a) and 414(d), Title 26, United States Code.

1. New section filed 2-23-2015; operative 4/1/2015 (Register 2015, No. 9).