DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 6.7. RETIRED PUBLIC EMPLOYEES VISION CARE PROGRAM 22959.90-22959.97›CHAPTER 2. Definitions 22970.10-22970.26

§ 22970.19

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

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