Cal. Gov. Code § 20799

Current through the 2023 Legislative Session.
Section 20799 - Interest credited to all contributions

The board shall credit all contributions of the state, school employer, and contracting agencies in the retirement fund with interest at the current net earnings rate compounded at each June 30.

Ca. Gov. Code § 20799

Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.