California Government Code
§ 20229
GOV § 20229 Effective Jan 1, 2017Div. 5 · Title 2 · Part 3 · Ch. 2 · Art. 7
Statute text
View on leginfo.ca.gov(a)The board, notwithstanding Section 10231.5, shall provide the Legislature, the Governor, and the Chair of the California Actuarial Advisory Panel, established pursuant to Section 7507.2, with an annual report that includes all of the following, as these items apply to state employee retirement plans:
(1)(A) A description of the investment return assumption utilized by the board when determining the contribution rates.
(B)A calculation of the contribution rates utilizing an investment return assumption 2 percentage points above and 2 percentage points below the investment return assumption utilized by the board.
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Legislative history
Amended by Stats. 2016, Ch. 415, Sec. 23. (AB 2375) Effective January 1, 2017.