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TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›PART 13. STATE TEACHERS' RETIREMENT SYSTEM 22000-25115›CHAPTER 31. Procedures Concerning Payment 24600-24620

§ 24616.5

California Education Code · 2018-11 edition · updated 2026-10-04 · California

If an employer reports erroneous information, the system shall calculate the actuarial present value of the expected payments from the member, the former member, or beneficiary pursuant to Sections 22008 and 24617. The employer shall pay the difference between the total amount of the overpayment and the calculation of the actuarial present value of expected payments.

(Added by Stats. 2010, Ch. 207, Sec. 25. (AB 2260) Effective January 1, 2011.)

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California Education Code

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