Statute · California Education Code
Cal. Educ. Code § 27303.5 — Distribution of Benefits
Cal. Educ. Code § 27303.5
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2011-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If an employer reports erroneous information, the system shall calculate the actuarial present value of the expected payments from the participant or beneficiary pursuant to Sections 22008 and 24617. The employer shall pay the difference between the total amount of the overpayment and the…
Citator
Cal. Educ. Code § 27303.5 — Distribution of Benefits is in force in the current edition of the Code, and nothing recorded condemns it.
If an employer reports erroneous information, the system shall calculate the actuarial present value of the expected payments from the participant or beneficiary pursuant to Sections 22008 and 24617. The employer shall pay the difference between the total amount of the overpayment and the calculation of the actuarial present value of expected payments.