Statute · California Education Code

Cal. Educ. Code § 22956 — Employer and State Contributions

Cal. Educ. Code § 22956

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

Employer and state contributions made to the plan pursuant to this part for service credited under the Defined Benefit Program shall not be credited to the individual member accounts. These contributions shall be held in the reserves of the plan to finance the employers’ share of the cost of all…

Citator

Cal. Educ. Code § 22956 — Employer and State Contributions is in force in the current edition of the Code, and nothing recorded condemns it.

Employer and state contributions made to the plan pursuant to this part for service credited under the Defined Benefit Program shall not be credited to the individual member accounts. These contributions shall be held in the reserves of the plan to finance the employers’ share of the cost of all benefits payable under the plan with respect to the Defined Benefit Program. Under no circumstances shall these employer and state contributions be allocated or awarded to individual members, their spouses, or beneficiaries.