§ 25302 District Retirement Benefits Options

• •The district can create its own retirement fund for workers.
• •The district can also use group insurance or other methods to give retirement benefits.
• •The district decides what works best to pay for these benefits.

A school district wants to give teachers retirement money.

The district can choose to set up its own savings plan for teachers or buy insurance to cover their retirement. They pick whatever way they think is best to make sure teachers get their money later.