California Government Code

§ 7522.04

GOV § 7522.04 Effective Oct 4, 2013Div. 7 · Title 1 · Ch. 21 · Art. 4

Statute text

For the purposes of this article:

(a)“Defined benefit formula” means a formula used by the retirement system to determine a retirement benefit based on age, years of service, and pensionable compensation earned by an employee up to the limit defined in Section 7522.10.

(b)“Employee contributions” means the contributions to a public retirement system required to be paid by a member of the system, as fixed by law, regulation, administrative action, contract, contract amendment, or other written agreement recognized by the retirement system as establishing an employee contribution.

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Legislative history

Amended by Stats. 2013, Ch. 528, Sec. 3. (SB 13) Effective October 4, 2013.