Education Code section 89623


No retirement, death, or other benefit shall be paid by the state or the trustees for services credited under the optional retirement program. The benefits are payable to participants or their beneficiaries only by the designated company or companies in accordance with the terms of the contracts, certificates, or investment funds.

Source: Section 89623, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=EDC§ionNum=89623.­ (updated Jan. 1, 1997; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 89623's source at ca​.gov