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TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 5. PERSONNEL 18000-22980›PART 8. SUPPLEMENTAL CONTRIBUTIONS PROGRAM 22970-22970.89›CHAPTER 2. Definitions 22970.10-22970.26

§ 22970.19

California Government Code · 2020-11 edition · updated 2026-10-04 · California

“Net earnings” means the income earned, or losses incurred, after asset management fees, on the applicable investment fund options offered under the Supplemental Contributions Program, less the costs of administering the plan.

(Amended by Stats. 2013, Ch. 755, Sec. 5. (SB 277) Effective January 1, 2014.)

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