California Government Code

§ 50952

GOV § 50952 Effective Jan 1, 2008Div. 1 · Title 5 · Part 1 · Ch. 4.5 · Art. 1

Statute text

For the purposes of this chapter, unless the context otherwise requires, the definitions set forth below shall mean the following:

(a)“Actuarial interest rate” means the interest rate fixed by the board for purposes of actuarial valuation of the assets and liabilities of the award system.

(b)“Annual interest rate” means the interest rate fixed by the board for purposes of crediting interest.

…

Legislative history

Repealed and added by Stats. 2007, Ch. 651, Sec. 2. Effective January 1, 2008. Operative March 1, 2008, by Section 50979.