Statute · California Government Code

Cal. Gov't Code § 22970.10 — Definitions

Cal. Gov't Code § 22970.10

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

“Account” means the account maintained with respect to the participant that reflects the aggregate value of the following amounts credited to the participant:

Citator

Cal. Gov't Code § 22970.10 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Account” means the account maintained with respect to the participant that reflects the aggregate value of the following amounts credited to the participant:

(a) Employee after-tax contributions to the plan.

(b) Net earnings of the Supplemental Contributions Program allocable to the participant.

(c) Any amount credited to the participant’s account by reason of a transfer or a rollover from another plan or arrangement in accordance with applicable laws.