California Education Code CHAPTER 7 - Employee and Employer Accounts

  • Section 26600.
    All contributions based on salary earned by a participant, together with amounts credited under the minimum interest rate and additional earnings credit amounts, shall be...
  • Section 26601.
    All employee contributions and interest credited under the minimum interest rate and additional earnings credits in respect of those contributions shall be treated as credits...
  • Section 26602.
    All employer contributions on behalf of the participant and interest credited under the minimum interest rate and additional earnings credits in respect of those contributions...
  • Section 26603.
    (a) All employee contributions shall be credited to employee accounts and all employer contributions shall be credited to employer accounts as of the first working day...
  • Section 26603.a.
    (a) All employee contributions shall be credited to employee accounts and all employer contributions shall be credited to employer accounts effective as of the day contributions...
  • Section 26604.
    (a) Beginning June 1, 1996, prior to the Cash Balance Plan becoming effective, and prior to the beginning of each plan year thereafter, the board, by...
  • Section 26605.
    In the event that the total amount of investment earnings of the plan for any plan year exceeds the sum of the total amount required...
  • Section 26606.
    Any additional earnings credit declared shall be determined as a specified percentage increase in the closing balance of each employee account and employer account with...
  • Section 26607.
    (a) The board may declare by means of plan amendment with respect to the Cash Balance Benefit Program an additional annuity credit applicable to annuities being...

Last modified: October 22, 2018