Statute · California Education Code
Cal. Educ. Code § 26101 — Definitions
Cal. Educ. Code § 26101
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Actuarial equivalent” means a benefit that has the same present value as the benefit it replaces based on interest rates and mortality tables recommended by the actuary and adopted by the board as a plan amendment.
Citator
Cal. Educ. Code § 26101 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Actuarial equivalent” means a benefit that has the same present value as the benefit it replaces based on interest rates and mortality tables recommended by the actuary and adopted by the board as a plan amendment.