California Education Code

§ 26139.5

EDC § 26139.5 Effective Jan 1, 2016Div. 1 · Title 1 · Part 14 · Ch. 2

Statute text

(a)“Salary,” for participants subject to the California Public Employees’ Pension Reform Act of 2013, means remuneration paid each pay period in cash by an employer to a participant for creditable service performed in that position subject to coverage under the Cash Balance Benefit Program in accordance with a publicly available written contractual agreement, including, but not limited to, a salary schedule or employment agreement, based on years of training and years of experience as specified in Section 45028. Salary shall include:

(1)Money paid for the participant’s absence from performance of creditable service as approved by an employer, except as provided in paragraph (5) of subdivision (b).

(2)Employee contributions picked up by an employer pursuant to Section 26502.

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Legislative history

Amended by Stats. 2015, Ch. 123, Sec. 30. (AB 991) Effective January 1, 2016.