California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 1. GENERAL EDUCATION CODE PROVISIONS |
Division 1. GENERAL EDUCATION CODE PROVISIONS |
Part 13. STATE TEACHERS' RETIREMENT SYSTEM |
Chapter 2. Definitions |
Section 22136.
Latest version.
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(a) "Final compensation" with respect to a member whose salary while an active member was reduced because of a reduction in school funds means the highest average annual compensation earnable by the member during any three years while employed to perform creditable service subject to coverage by the Defined Benefit Program if the member elects to be subject to this section.
(b) For the purposes of this section, a year shall be considered to be a period of 12 consecutive months.
(Amended by Stats. 1999, Ch. 939, Sec. 14. Effective January 1, 2000.)