(a) Contributions made to the plan by the participant shall be credited to the participant’s account.
(b) Subject to the terms and conditions established by the board, a participant may elect to have all or a portion of the participant’s account in one or more investment fund options available under the plan.
(Amended by Stats. 2013, Ch. 755, Sec. 8. (SB 277) Effective January 1, 2014.)