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 29. Benefit Maintenance |
Section 24400.
Latest version.
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The Legislature recognizes that inflation erodes the purchasing power of benefits paid under the plan under this part. It is the intent of the Legislature to understand the degree of erosion of these benefits.
(Amended by Stats. 2012, Ch. 728, Sec. 31. Effective January 1, 2013.)