California Government Code

§ 17004.6

GOV § 17004.6Div. 4 · Title 2 · Part 4 · Ch. 1 · Art. 1

Statute text

Each warrant issued by the Controller payable pursuant to Section 24701 or 24702 of the Education Code to a retirant or beneficiary of the State Teachers’ Retirement System, shall be accompanied by a statement in at least 10-point print that shall advise at a minimum that:

(a)The warrant associated with this stub provides a quarterly payment from funds made available during the current fiscal year to help offset the effects of inflation on your normal monthly allowance from the State Teachers’ Retirement System (STRS).

(b)These payments are not cumulative, are not part of the base retirement allowance, and are made only when funds are available for this purpose.

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Legislative history

Amended by Stats. 1988, Ch. 160, Sec. 62.