California Education Code

§ 22317.5

EDC § 22317.5 Effective Jan 1, 2025Div. 1 · Title 1 · Part 13 · Ch. 5

Statute text

(a)The amount of compensation that is taken into account in computing benefits payable under this part shall not exceed the following limitations:

(1)For any person who first becomes a member of the Defined Benefit Program on or after July 1, 1996, the annual compensation limitations prescribed by Section 401(a)(17) of Title 26 of the United States Code upon public retirement systems, as that section may be amended from time to time and as that limit may be adjusted by the Commissioner of Internal Revenue for increases in cost of living. The determination of compensation for each 12-month period shall be subject to the annual compensation limit in effect for the calendar year in which the 12-month period begins. In a determination of average annual compensation over more than one 12-month period, the amount of compensation taken into account for each 12-month period, shall be subject to the annual compensation limit applicable to that period.

(2)For a member subject to the California Public Employees’ Pension Reform Act of 2013:

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Legislative history

Repealed (in Sec. 16) and added by Stats. 2024, Ch. 690, Sec. 17. (AB 1997) Effective January 1, 2025. Conditionally operative as prescribed by its own provisions.