California Code of Regulations
Title 2 - Administration
Division 1 - Administrative Personnel
Chapter 3 - Department of Human Resources
Subchapter 1 - General Civil Service Rules
Article 27 - 457 Deferred Compensation Plan
Section 599.942 - Investments

Universal Citation: 2 CA Code of Regs 599.942
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The Plan shall consist of at least three investment funds, each of which is diversified and has materially different risk and return characteristics. In addition to the plan investment options, Savings Plus shall offer a Self-Directed Brokerage Account (SDBA) option. Nothing herein shall be construed to permit any type of investment prohibited by the state Constitution or to unduly limit the addition of new options.

Note: Authority cited: Sections 16431, 19815.4(d) and 19993, Government Code. Reference: Sections 19815.4, 19993, 19993.05, 53601 and 53602, Government Code.

Note: Authority cited: Sections 16431, 19815.4(d) and 19993, Government Code. Reference: Sections 19815.2, 19815.4, 19815.6, 19993, 53601 and 53602, Government Code.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.