Cal. Gov. Code § 21052

Current through the 2024 Legislative Session.
Section 21052 - Contributions in amount equal to increase in employer liability

A member or retired former employee who elects to receive service credit subject to this section shall contribute, in accordance with Section 21050, an amount equal to the increase in employer liability, using the payrate and other factors affecting liability on the date of the request for costing of the service credit. The methodology for calculating the amount of the contribution shall be determined by the chief actuary and approved by the board. A member or retired former employee electing to receive service credit for service subject to Section 21076, 21076.5, or 21077 shall pay the contributions as described.

Ca. Gov. Code § 21052

Amended by Stats 2013 ch 526 (SB 220),s 17, eff. 1/1/2014.
Added by Stats 2000 ch 489 (AB 2840), s 18, eff. 1/1/2001.