GroundRules
GOV § 21601
Where this section sits in the code
- Government Code - GOV
- TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]
- DIVISION 5. PERSONNEL [18000. - 22980.]
- PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM [20000. - 21716.]
- CHAPTER 14. Death Benefits [21490. - 21635.5.]
- ARTICLE 4. Preretirement Group Term Life Insurance [21600. - 21605.]
A separate account shall be established in the retirement fund to be known as the Insurance Benefits Account. Moneys in the account shall be expended for the sole purpose of payment of insurance benefits under this article. Interest shall be credited to the account at the annual rate and in the same manner as interest is credited to employer and employee contributions in the retirement fund.
Collected 2026-09-14T05:56:33Z. Source file · JSON