Section 21672 Of Chapter 16. Deferred Compensation From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 16.

. A tax-preferred retirement savings program may include one or more of the following components:
  (a) Investment fund options for participants, as part of the deferred compensation program administered for state employees by the Department of Human Resources.
  (b) Investment fund options for other participants.
  (c) Annuity contracts on behalf of all participants.
  (d) Asset management, administrative, or related services.