Statute · California Education Code
Cal. Educ. Code § 22120 — Definitions
Cal. Educ. Code § 22120
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2017-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Credited interest” means interest that is credited to active members’ and inactive members’ accumulated retirement contributions and accumulated annuity deposit contributions at a rate set annually by the board as a plan amendment with respect to the Defined Benefit Program.
Citator
Cal. Educ. Code § 22120 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Credited interest” means interest that is credited to active members’ and inactive members’ accumulated retirement contributions and accumulated annuity deposit contributions at a rate set annually by the board as a plan amendment with respect to the Defined Benefit Program.