Statute · California Government Code
Cal. Gov't Code § 20132 — Powers and Duties of the Board
Cal. Gov't Code § 20132
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Upon the basis of any investigation, valuation, or determination, or all of these, the board shall adopt mortality, service and other tables and annual and actuarial interest rates it deems necessary.
Citator
Cal. Gov't Code § 20132 — Powers and Duties of the Board is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Upon the basis of any investigation, valuation, or determination, or all of these, the board shall adopt mortality, service and other tables and annual and actuarial interest rates it deems necessary.
(b) A change in interest rate adopted by the board shall not apply to any election of a member to deposit or redeposit contributions, including interest, filed prior to the date the change was placed into effect.