Statute · California Government Code
Cal. Gov't Code § 21712 — California Employers’ Pension Prefunding Trust Program
Cal. Gov't Code § 21712
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2019-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Each participating employer shall pay an amount, not to exceed the reasonable administrative costs, as determined by the board, for administrative and asset management of the prefunding plan established by this chapter. The board shall deposit to the credit of the California Employers’ Pension…
Citator
Cal. Gov't Code § 21712 — California Employers’ Pension Prefunding Trust Program is in force in the current edition of the Code, and nothing recorded condemns it.
Each participating employer shall pay an amount, not to exceed the reasonable administrative costs, as determined by the board, for administrative and asset management of the prefunding plan established by this chapter. The board shall deposit to the credit of the California Employers’ Pension Prefunding Trust Fund all amounts received by the board for those administrative and asset management costs.