Skip to content

TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 5. PERSONNEL 18000-22980›PART 7. STATE PEACE OFFICERS' AND FIREFIGHTERS' DEFINED CONTRIBUTION PLAN 22960-22960.99›CHAPTER 7. Participant Accounts 22960.65-22960.69

§ 22960.67

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

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.

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

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.