California Education Code

§ 22703

EDC § 22703 Effective Jan 1, 2017Div. 1 · Title 1 · Part 13 · Ch. 13

Statute text

(a)Service shall be credited to the Defined Benefit Program, except as provided in subdivision (b).

(b)A member’s creditable service that exceeds 1.000 in a school year shall not be credited to the Defined Benefit Program. Commencing July 1, 2002, contributions by the employer and the member that are deposited in the Teachers’ Retirement Fund for creditable compensation paid to the member for service that exceeds 1.000 in a school year, exclusive of contributions pursuant to Sections 22901.7, 22950.5, and 22951, shall be credited to the Defined Benefit Supplement Program.

(c)In lieu of any other benefits provided by this part, any member who performed service prior to July 1, 1956, shall receive retirement benefits for that service at least equal to the benefits that the member would have received for that service under the provisions of this part as they existed on June 30, 1956. This subdivision shall not apply to service that is credited in the San Francisco Employees’ Retirement System.

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Legislative history

Amended by Stats. 2016, Ch. 218, Sec. 16. (SB 1352) Effective January 1, 2017.