California Education Code

§ 22901.7

EDC § 22901.7 Effective Jun 24, 2014Div. 1 · Title 1 · Part 13 · Ch. 15

Statute text

(a)Commencing July 1, 2014, the amount of contributions required under subdivision (a) of Section 22901 and Section 22901.3 as it applies to a member who is not subject to the Public Employees’ Pension Reform Act of 2013 shall increase by the percentage of the member’s compensation that is creditable to the Defined Benefit Program as follows:

(1)On July 1, 2014, by 0.15 percent.

(2)On July 1, 2015, by 1.20 percent.

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Legislative history

Added by Stats. 2014, Ch. 47, Sec. 5. (AB 1469) Effective June 24, 2014. Adding action may become inoperative under conditions prescribed by Stats. 2014, Ch. 47, Sec. 13, subds. (b), (c), and (d).