Statute · California Government Code

Cal. Gov't Code § 21092 — Second Tier Retirement—Contracting Agencies

Cal. Gov't Code § 21092

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

(a) The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting agency may pay all or a portion of the member’s normal contributions, pursuant to Section 20691.

Citator

Cal. Gov't Code § 21092 — Second Tier Retirement—Contracting Agencies is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting agency may pay all or a portion of the member’s normal contributions, pursuant to Section 20691.

(b) Notwithstanding subdivision (a), a new member, as defined in Section 7522.04, shall have a contribution rate of at least 50 percent of the normal cost, pursuant to Section 7522.30.