California Government Code CHAPTER 7 - Participant Accounts

• Section 22960.65.
  (a) Any contributions made by the participant to the plan shall be credited to the participant’s account.(b) Contributions made by the employer on behalf of the participant...
• Section 22960.66.
  In the case of a contribution that is made under a mistake of fact, nothing in this part shall prohibit the return of that contribution...
• Section 22960.67.
  The net earnings of the fund shall be allocated to the participant’s account as of each valuation date in the ratio that the participant’s account...
• Section 22960.68.
  The value of each participant’s account shall be determined at least once annually in a manner prescribed by the board.(Added by Stats. 1998, Ch. 820,...
• Section 22960.69.
  A participant shall receive a statement that displays the value, or balance, of the participant’s account and summarizes any credits to the account or other...

Last modified: October 22, 2018