California Government Code CHAPTER 7 - Participation Accounts

• Section 22970.60.
  (a) Contributions made to the plan by the participant shall be credited to the participant’s account.(b) Subject to the terms and conditions established by the board, a...
• Section 22970.61.
  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 22970.62.
  The net earnings of the applicable investment fund option available under the plan shall be allocated to the participant’s account as of each valuation date.(Amended...
• Section 22970.63.
  The value of each participant’s account shall be determined at least once annually in a manner prescribed by the board.(Added by Stats. 1999, Ch. 307,...
• Section 22970.64.
  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