DIVISION 3.5. COSTS IN CIVIL ACTIONS RESULTING FROM ADMINISTRATIVE PROCEEDINGS 800›PART 9. LAKE DAVIS NORTHERN PIKE ERADICATION PROJECT RELIEF ACCOUNT 998-998.3›CHAPTER 19. Retirement System Stock Proxy Voting 7450-7451›ARTICLE 4. California Public Employees’ Pension Reform Act of 2013 7522-7522.76
§ 7522.46
California Government Code · 2026-09 edition · updated 2026-09-27 · California
(a) A public retirement system shall not allow the purchase of nonqualified service credit, as defined by Section 415(n)(3)(C) of the Internal Revenue Code of 1986 (26 U.S.C. Sec. 415(n)(3)(C)).
(b) Subdivision (a) shall not apply to an official application to purchase nonqualified service credit that is received by the public retirement system prior to January 1, 2013, that is subsequently approved by the system.
(Added by Stats. 2012, Ch. 296, Sec. 15. (AB 340) Effective January 1, 2013.)
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