Section 22401 Of Chapter 8. Establishment And Control Of Funds From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 8.

. Return on investments shall be collected by the Treasurer, and together with any other moneys received for the retirement fund shall be immediately deposited to the credit of that fund and reported immediately to the system. Money in whatever form received directly by the system shall be deposited immediately in the State Treasury to the credit of that fund.