Section 21670 Of Chapter 16. Deferred Compensation From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 16.

. The board may establish one or more tax-preferred retirement savings programs for California public employees. These programs shall be made available to all employees of a participating employer under procedures established by the board unless participation is subject to the terms of any memorandums of understanding between the employer and the employees.