California Government Code

§ 7522.34

GOV § 7522.34 Effective Sep 13, 2023Div. 7 · Title 1 · Ch. 21 · Art. 4

Statute text

(a)“Pensionable compensation” of a new member of any public retirement system means the normal monthly rate of pay or base pay of the member paid in cash to similarly situated members of the same group or class of employment for services rendered on a full-time basis during normal working hours, pursuant to publicly available pay schedules, subject to the limitations of subdivision (c).

(b)Compensation that has been deferred shall be deemed pensionable compensation when earned rather than when paid.

(c)Notwithstanding any other law, “pensionable compensation” of a new member does not include the following:

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Legislative history

Amended by Stats. 2023, Ch. 197, Sec. 5. (SB 148) Effective September 13, 2023.