Statute · California Government Code
Cal. Gov't Code § 21535 — Preretirement Death Benefits
Cal. Gov't Code § 21535
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2003-05-14
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding Section 20178, for member deaths occurring on or after January 1, 1994, if the actuarial interest rate exceeds 6 percent, the accumulated contributions of a member payable pursuant to subdivision (a) of Section 21532 shall be increased by a factor determined by the board that is…
Citator
Cal. Gov't Code § 21535 — Preretirement Death Benefits is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding Section 20178, for member deaths occurring on or after January 1, 1994, if the actuarial interest rate exceeds 6 percent, the accumulated contributions of a member payable pursuant to subdivision (a) of Section 21532 shall be increased by a factor determined by the board that is based on the difference between the current actuarial interest rate defined in Section 20014 and the 6 percent interest crediting rate on member contributions. If the actuarial interest rate is less than 6 percent, no increase may be provided under this section.