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HomeEducation CodeDiv. 1Pt. 14Ch. 7§ 26601 Employee Contribution Credits

§ 26601 Employee Contribution Credits

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 26601 Employee Contribution Credits

Key Takeaways

  • •Any money you put into your work retirement account is yours.
  • •The interest or extra money your contributions earn also goes into your account.
  • •Your boss can't take this money away from you.

Example

You work at a company and every month, some money from your paycheck goes into a retirement account.

That money you put in, plus any extra money it earns over time, stays in your account. Your boss can't use it for anything else.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 26601 Employee Contribution Credits

All employee contributions and interest credited under the minimum interest rate and additional earnings credits in respect of those contributions shall be treated as credits to the participant’s employee account. (Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.)

Last verified: January 23, 2026

Key Terms

employee contributionsminimum interest rateadditional earnings creditsparticipant’s employee account

Related Statutes

  • § 26602 Employer Contribution Credits
  • § 26603 Contribution Crediting Requirements
  • § 26604 Cash Balance Interest Rates
  • § 26605 Excess Earnings Distribution Rules
  • § 10600 Education Data Systems Standardization

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 26601.
View Official Source