California Education Code

§ 22402

EDC § 22402 Effective Jan 1, 2001Div. 1 · Title 1 · Part 13 · Ch. 8

Statute text

Earned interest on plan assets with respect to the Defined Benefit Program that is not credited to member accounts under the Defined Benefit Program and the plan’s other income with respect to the Defined Benefit Program shall be allocated to provide benefits payable under the Defined Benefit Program.

Legislative history

Amended by Stats. 2000, Ch. 1025, Sec. 16. Effective January 1, 2001.