Statute · California Education Code

Cal. Educ. Code § 22144.5 — Definitions

Cal. Educ. Code § 22144.5

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2001-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Liability gains and losses” means the difference between actual noninvestment related experience and the experience expected based upon a set of noninvestment related actuarial assumptions during the period between two actuarial valuation dates, as determined in accordance with assumptions…

Citator

Cal. Educ. Code § 22144.5 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Liability gains and losses” means the difference between actual noninvestment related experience and the experience expected based upon a set of noninvestment related actuarial assumptions during the period between two actuarial valuation dates, as determined in accordance with assumptions adopted by the board pursuant to Section 22311.5.