California Education Code CHAPTER 16 - Employer and State Contributions

  • Section 22950.
    (a) Employers shall contribute monthly to the system 8 percent of the creditable compensation upon which members’ contributions under this part are based.(b) From the contributions required...
  • Section 22950.5.
    (a) Commencing July 1, 2014, the amount of contributions required under subdivision (a) of Section 22950 shall increase by the following percentages of the creditable compensation...
  • Section 22951.
    In addition to any other contributions required by this part, employers shall, on account of liability for benefits pursuant to Section 22717, contribute monthly to...
  • Section 22951.5.
    In addition to any other contributions required by this part, if the board determines that the Supplemental Benefit Maintenance Account will not have sufficient funds...
  • Section 22954.
    (a) Notwithstanding Section 13340 of the Government Code, a continuous appropriation is hereby annually made from the General Fund to the Controller, pursuant to this section,...
  • Section 22954.1.
    (a) Consistent with a process it establishes pursuant to subdivision (e), the board shall periodically adopt an actuarial projection regarding the ability of the system to...
  • Section 22954.5.
    (a) In addition to the amounts appropriated for transfer to the Supplemental Benefit Maintenance Account in Section 22954, there is hereby appropriated from the General Fund...
  • Section 22955.
    (a) Notwithstanding Section 13340 of the Government Code, commencing July 1, 2003, a continuous appropriation is hereby annually made from the General Fund to the Controller,...
  • Section 22955.1.
    (a) Notwithstanding Section 13340 of the Government Code, commencing July 1, 2003, a continuous appropriation is hereby annually made from the General Fund to the Controller,...
  • Section 22955.5.
    (a) For purposes of Sections 22954, 22955, and 22955.1, “creditable compensation” shall include only creditable compensation for which member contributions are credited under the Defined Benefit...
  • Section 22956.
    Employer and state contributions made to the plan pursuant to this part for service credited under the Defined Benefit Program shall not be credited to...
  • Section 22957.
    (a) The Legislature hereby finds and declares that the provisions of Section 22950.5 do not constitute a new functional responsibility for schools and community colleges pursuant...
  • Section 22958.
    (a) Any action or proceeding challenging the validity of any matter authorized by the act adding this section by any person or entity shall be brought...

Last modified: October 22, 2018