Section 21678 Of Chapter 16. Deferred Compensation From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 16.

. The board, if authorized by another statute, may make expenditures from the asset management and services account in the Public Employees' Deferred Compensation Fund to conduct studies of other retirement-related benefits for the participants in this system, expend moneys to start up new retirement-related benefit programs for participants, to fund positions, or compensate employees.