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.
(Amended by Stats. 2012, Ch. 665, Sec. 146. (SB 1308) Effective January 1, 2013.)