California Education Code

§ 22904

EDC § 22904 Effective Jan 1, 1999Div. 1 · Title 1 · Part 13 · Ch. 15

Statute text

Notwithstanding any other provision of law, the state may pick up all or a portion of the contributions required to be paid under this part by a state employee who is a member of the Defined Benefit Program, provided that the contributions are deducted from the creditable compensation of the member. The pickup of member contributions shall be through a salary reduction program pursuant to Section 414(h)(2) of the Internal Revenue Code of 1986 (26 U.S.C.A. Sec. 414(h)(2)). These contributions shall be reported as employer-paid member contributions, and shall be credited to the account of the member.

Legislative history

Amended by Stats. 1998, Ch. 965, Sec. 112. Effective January 1, 1999.