DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 8. VALIDATING PROCEEDINGS 17700›CHAPTER 9. Employer Contributions 20790-20842

§ 20799

California Government Code · 2026-09 edition · updated 2026-09-27 · California

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.

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

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

Ask AI about this code

Export this section

▸Contents — California Government Code

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.