Statutes, codes, and regulations
California Code Of Regulations
Title 2 - AdministrationDivision 1 - Administrative PersonnelChapter 2 - Board of Administration of Public Employees' Retirement SystemSubchapter 1 - Employees' Retirement System Regulations
Article 1.5 - Plan Qualification Requirements for the Public Employees' Retirement Fund
Section 553.6 - Actuarial Assumptions

Cal. Code Regs. tit. 2 § 553.6

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Current through Register 2024 Notice Reg. No. 45, November 8, 2024
Section 553.6 - Actuarial Assumptions

The amount of benefits payable by the Public Employees' Retirement System shall be determined on the basis of actuarial assumptions adopted by the board in accordance with Section 20132 of the Government Code, as well as Article XVI, Section 17(e) of the California Constitution. Such benefits will not be subject to employer discretion.

Cal. Code Regs. Tit. 2, § 553.6

1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).

Note: Authority cited: Section 20121, Government Code. Reference: California Constitution, Article XVI, Section 17; Sections 20132, 20170 and 20171, Government Code; and Section 401(a)(25), Title 26, United States Code.

1. New section filed 2-23-2015; operative 4/1/2015 (Register 2015, No. 9).