California Education Code
§ 22144.5
EDC § 22144.5 Effective Jan 1, 2001Div. 1 · Title 1 · Part 13 · Ch. 2
Statute text
View on leginfo.ca.gov“Liability gains and losses” means the difference between actual noninvestment related experience and the experience expected based upon a set of noninvestment related actuarial assumptions during the period between two actuarial valuation dates, as determined in accordance with assumptions adopted by the board pursuant to Section 22311.5.
Legislative history
Added by Stats. 2000, Ch. 1021, Sec. 6. Effective January 1, 2001.