Section 588 - Risk Pools-Definitions(a) For purposes of this Article, a "Rate Plan" consists of all CalPERS members for which a single employer contribution rate is produced annually.(b) For purposes of this Article, a "Side Fund" shall be the difference between the actuarial value of assets and the actuarial liabilities of the rate plan at the time of joining a risk pool.Cal. Code Regs. Tit. 2, § 588
1. New article 7.6 (sections 588-588.10) and section filed 9-23-2004; operative 9-23-2004 pursuant to Government Code section 11343.4 (Register 2004, No. 39). Note: Authority cited: Sections 20120, 20121 and 20840, Government Code. Reference: Section 20840, Government Code.
1. New article 7.6 (sections 588-588.10) and section filed 9-23-2004; operative 9-23-2004 pursuant to Government Code section 11343.4 (Register 2004, No. 39).