Statute · California Education Code
Cal. Educ. Code § 24405 — Benefit Maintenance
Cal. Educ. Code § 24405
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The first three hundred dollars ($300) of the monthly allowances payable to retired members, disabled members, and beneficiaries are increased as of July 1, 1976, as follows if the member had 20 or more years of credited service:
Citator
Cal. Educ. Code § 24405 — Benefit Maintenance is in force in the current edition of the Code, and nothing recorded condemns it.
The first three hundred dollars ($300) of the monthly allowances payable to retired members, disabled members, and beneficiaries are increased as of July 1, 1976, as follows if the member had 20 or more years of credited service:
(a) For those with effective dates prior to July 1, 1972, 9 percent.
(b) For those with effective dates from July 1, 1972, to June 30, 1973, 6 percent.
(c) For those with effective dates from July 1, 1973, to June 30, 1974, 3 percent.