California Education Code

§ 26504

EDC § 26504 Effective Jan 1, 2014Div. 1 · Title 1 · Part 14 · Ch. 6

Statute text

The employer may enter into a collective bargaining agreement to pay a different employer contribution rate and a different employee contribution rate, provided all of the following conditions are met:

(a)The sum of the employee contributions and employer contributions for each participant shall equal or exceed 8 percent of salary.

(b)The employee contribution rate may exceed the employer contribution rate but in no event shall the employer contribution rate be less than 4 percent.

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Legislative history

Amended by Stats. 2013, Ch. 559, Sec. 39. (AB 1381) Effective January 1, 2014. Deemed operative January 1, 2013, by Sec. 1 of Ch. 559.