Statute · California Government Code

Cal. Gov't Code § 21052 — Service Credit Election and Cost Calculation

Cal. Gov't Code § 21052

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2014-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A member or retired former employee who elects to receive service credit subject to this section shall contribute, in accordance with Section 21050, an amount equal to the increase in employer liability, using the payrate and other factors affecting liability on the date of the request for…

Citator

Cal. Gov't Code § 21052 — Service Credit Election and Cost Calculation is in force in the current edition of the Code, and nothing recorded condemns it.

A member or retired former employee who elects to receive service credit subject to this section shall contribute, in accordance with Section 21050, an amount equal to the increase in employer liability, using the payrate and other factors affecting liability on the date of the request for costing of the service credit. The methodology for calculating the amount of the contribution shall be determined by the chief actuary and approved by the board. A member or retired former employee electing to receive service credit for service subject to Section 21076, 21076.5, or 21077 shall pay the contributions as described.