§ 553.1. Compliance with Section 401(a) of the Internal Revenue Code.
2 CA ADC § 553.1Barclays Official California Code of Regulations
Barclays California Code of Regulations
Title 2. Administration
Division 1. Administrative Personnel
Chapter 2. Board of Administration of Public Employees' Retirement System
Subchapter 1. Employees' Retirement System Regulations
Article 1.5. Plan Qualification Requirements for the Public Employees' Retirement Fund
2 CCR § 553.1
§ 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.
Credits
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.
History
1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 2, § 553.1, 2 CA ADC § 553.1
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