California Education Code

§ 22221

EDC § 22221 Effective Jan 1, 1997Div. 1 · Title 1 · Part 13 · Ch. 3

Statute text

The board shall adopt, upon the recommendation of the actuary of the system, any mortality and other tables and interest rates necessary to do the following:

(a)Permit valuation of the assets and liabilities of the system.

(b)Make any determination or calculation necessary to carry out this part.

Legislative history

Amended by Stats. 1996, Ch. 634, Sec. 52. Effective January 1, 1997.