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 8. Establishment and Control of Funds |
Section 22402.
Latest version.
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Earned interest on plan assets with respect to the Defined Benefit Program that is not credited to member accounts under the Defined Benefit Program and the plan's other income with respect to the Defined Benefit Program shall be allocated to provide benefits payable under the Defined Benefit Program.
(Amended by Stats. 2000, Ch. 1025, Sec. 16. Effective January 1, 2001.)