§ 26210 Retirement Fund Investment Control

• •The board is in charge of investing the Retirement Fund money for the Cash Balance Benefit Program.
• •The people handling the money must follow strict rules to take good care of it.
• •They have to do what's best for the fund, not for themselves.

Imagine the board is like a group of adults in charge of a big piggy bank for retirement money.

They have to make smart choices with the money, like picking safe places to grow it, and they can't use it for anything silly or selfish.