Cal. Gov. Code § 22960.67

Current through the 2023 Legislative Session.

Section 22960.67 - Allocation of net earnings of Fund

The net earnings of the fund shall be allocated to the participant's account as of each valuation date in the ratio that the participant's account balance bears to the aggregate of all participants' account balances.

Ca. Gov. Code § 22960.67

Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.