California Government Code CHAPTER 2 - Definitions

  • Section 22970.10.
    “Account” means the account maintained with respect to the participant that reflects the aggregate value of the following amounts credited to the participant:(a) Employee after-tax contributions...
  • Section 22970.11.
    “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 22970.12.
    “Board” means the Board of Administration of the Public Employees’ Retirement System.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.)
  • Section 22970.13.
    “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 22970.14.
    “Disability” means a disability of permanent or extended and uncertain duration, as determined by the board.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January...
  • Section 22970.15.
    “Early retirement age” means the age at which the participant attains age 50 or qualifies for early retirement under Part 3 (commencing with Section 20000).(Added...
  • Section 22970.16.
    (a) “Eligible employee” means:(1) A person employed by the state, the university, a school employer, or a contracting agency who is a member of the system as...
  • Section 22970.17.
    “Employee contribution” means the amount contributed by the participating employee to his or her account in the plan.(Added by Stats. 1999, Ch. 307, Sec. 4....
  • Section 22970.175.
    “Employer” means any city, county, city and county, district, school district, community college district, county superintendent of schools, or other public agency, instrumentality, or political...
  • Section 22970.18.
    “Fund” means the Supplemental Contributions Program Fund.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.)
  • Section 22970.19.
    “Net earnings” means the income earned, or losses incurred, after asset management fees, on the applicable investment fund options offered under the Supplemental Contributions Program,...
  • Section 22970.20.
    “Participant” means an eligible employee who has contributions credited under the plan.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.)
  • Section 22970.21.
    “Plan” means the Supplemental Contributions Program.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.)
  • Section 22970.22.
    “Plan year” means the 12-month period commencing on any January 1 and ending on the following December 31.(Added by Stats. 1999, Ch. 307, Sec. 4....
  • Section 22970.23.
    “Retirement” means termination of all employment for the employer and completion of all conditions precedent to receiving a distribution for retirement.(Added by Stats. 1999, Ch....
  • Section 22970.24.
    “System” means the Public Employees’ Retirement System.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.)
  • Section 22970.25.
    “Termination” means termination of employment by reason of separation from all service for all employers that participate in the system.(Added by Stats. 1999, Ch. 307,...
  • Section 22970.26.
    “Valuation date” means the date as of which the assets of the fund are valued.(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1,

Last modified: October 22, 2018