California Government Code

§ 22899

GOV § 22899 Effective Jan 1, 2010Div. 5 · Title 2 · Part 5 · Ch. 1 · Art. 8

Statute text

(a)The contributions required of a contracting agency, along with contributions withheld from salaries of its employees, shall be forwarded monthly, no later than the 10th day of the month for which the contribution is due. The contributions shall be credited to the Public Employees’ Contingency Reserve Fund as specified by Section 22910.

(1)Deferrals or contributions paid by a contracting agency shall be paid through an electronic funds transfer method prescribed by the board. This payment requirement is effective upon declaration by the board.

(2)A contracting agency that is unable, for good cause, to comply with paragraph (1), may apply to the board for a waiver that allows the agency to pay in an alternate manner as prescribed by the board, but not by credit card payment.

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Legislative history

Amended by Stats. 2009, Ch. 118, Sec. 5. (AB 637) Effective January 1, 2010.