Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA GOVERNMENT CODETitle 2 - GOVERNMENT OF THE STATE OF CALIFORNIADivision 5 - PERSONNELPart 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEMChapter 11 - SERVICE CREDIT
Article 1 - GENERAL PROVISIONS
Section 20907 - Payment of funds transferred to system on account of additional service credit liability

Cal. Gov. Code § 20907

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Current through the 2024 Legislative Session.
Section 20907 - Payment of funds transferred to system on account of additional service credit liability

Any funds transferred to this system on account of liability for additional service credit granted pursuant to Sections 20901, 20902, 20904, or former Section 20822, as added by Chapter 450 of the Statutes of 1992, shall be paid over a time period acceptable to the employer and the board, but in no case shall that period exceed five years.

Ca. Gov. Code § 20907

Amended by Stats 2003 ch 519 (AB 1584),s 16, eff. 1/1/2004.