California Education Code

§ 26101

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

EDC § 26101 Effective Jan 1, 1996Div. 1 · Title 1 · Part 14 · Ch. 2

Statute text

View on leginfo.ca.gov

“Actuarial equivalent” means a benefit that has the same present value as the benefit it replaces based on interest rates and mortality tables recommended by the actuary and adopted by the board as a plan amendment.

Legislative history

Added by Stats. 1995, Ch. 592, Sec. 16. Effective January 1, 1996.