(a) A member of the Board of Administration of the Public Employeesâ Retirement System or an individual in a position designated in subdivision (a) or (e) of Section 20098, for a period of 10 years after leaving that office or position, shall not accept compensation for providing services as a placement agent in connection with investments or other business of the Public Employeesâ Retirement System or the State Teachersâ Retirement System. (b) A member of the Teachersâ Retirement Board or an individual in a position designated in subdivision (a) or (d) of Section 22212.5 of the Education Code, for a period of 10 years after leaving that office or position, shall not accept compensation for providing services as a placement agent in connection with investments or other business of the State Teachersâ Retirement System or the Public Employeesâ Retirement System.
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