Statute · California Education Code

Cal. Educ. Code § 22117 — Definitions

Cal. Educ. Code § 22117

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
1999-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Contribution rate for additional service credit” means the contribution rate adopted by the board as a plan amendment with respect to the Defined Benefit Program for the purchase of service credit. This rate shall be based upon the most recent valuation of the plan with respect to the Defined…

Citator

Cal. Educ. Code § 22117 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Contribution rate for additional service credit” means the contribution rate adopted by the board as a plan amendment with respect to the Defined Benefit Program for the purchase of service credit. This rate shall be based upon the most recent valuation of the plan with respect to the Defined Benefit Program and increased to include any subsequently required contribution rates designated for funding subsequent allowance increases.