California Government Code CHAPTER 2 - Definitions

• Section 22960.10.
  “Account” means the account maintained with respect to the participant which reflects that aggregate value of the following amounts credited to the participant:(a) Employee contributions to...
• Section 22960.11.
  “Beneficiary” means any person or persons designated by the participant pursuant to this part, or otherwise entitled by statute, to receive distributions from the participant’s...
• Section 22960.12.
  “Board” means the Board of Administration of the California Public Employees’ Retirement System.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
• Section 22960.13.
  “Compensation” means the total amount paid to an employee for a plan year as required to be reported on the employee’s Internal Revenue Service form...
• Section 22960.14.
  “Disability” means a disability as determined by the board pursuant to Section 21156.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
• Section 22960.15.
  “Eligible employee” means any person employed by the state, whose compensation is paid out of funds directly controlled by the state, and who is subject...
• Section 22960.16.
  “Employee contribution” means the amount withheld from the participant’s compensation by the employer as a contribution to the participant’s account in the plan.(Added by Stats....
• Section 22960.17.
  “Employee contribution rate” means the percentage of the participant’s compensation to be withheld by the employer as an employee contribution to the plan.(Added by Stats....
• Section 22960.18.
  “Employer” means the State of California.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
• Section 22960.19.
  “Employer contribution” means the amount contributed by the employer to the participant’s account in the plan.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September...
• Section 22960.20.
  “Employer contribution rate” means the percentage of the participant’s compensation to be contributed by the employer to the participant’s account in the plan.(Added by Stats....
• Section 22960.21.
  “Fund” means the State Peace Officers’ and Firefighters’ defined Contribution Plan Fund.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
• Section 22960.22.
  “Net earnings” means the income earned, or losses incurred, on the State Peace Officers’ and Firefighters’ Defined Contribution Plan Fund, less the costs of administering...
• Section 22960.23.
  “Normal retirement age” means the age at which the participant is eligible for a retirement benefit without special qualifications and is the age of 50...
• Section 22960.24.
  “Participant” means an employee who is subject to coverage by the plan, and who has contributions credited under the plan.(Added by Stats. 1998, Ch. 820,...
• Section 22960.25.
  “Plan” means the State Peace Officers’ and Firefighters’ Defined Contribution Plan.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
• Section 22960.26.
  “Plan year” means the 12-month period commencing on any January 1 and ending on the following December 31.(Added by Stats. 1998, Ch. 820, Sec. 11....
• Section 22960.27.
  “Retirement” means termination of all employment for the employer and completion of all conditions precedent to receiving a distribution for retirement.(Added by Stats. 1998, Ch....
• Section 22960.28.
  “Spouse” means the person married to the participant on the date the participant files a beneficiary designation, or an application for a distribution from the...
• Section 22960.29.
  “State peace officers and firefighters” means those persons included in the definition of “state peace officer/firefighter member” pursuant to Article 3 (commencing with Section 20390)...
• Section 22960.30.
  “System” means the Public Employees’ Retirement System.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)
• Section 22960.31.
  “Termination” means termination of employment by reason of separation from all service for the employer.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25,
• Section 22960.32.
  “Valuation date” means the date as of which the assets of the fund are valued.(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25,

Last modified: October 22, 2018