California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 1. GENERAL EDUCATION CODE PROVISIONS |
Division 1. GENERAL EDUCATION CODE PROVISIONS |
Part 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM |
Chapter 7. Employee and Employer Accounts |
Section 26603.
Latest version.
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All employee contributions shall be credited to employee accounts and all employer contributions shall be credited to employer accounts as of the first working day following the date all contributions to fully satisfy the contribution report as submitted by the employer are received by the system.
(Amended by Stats. 1999, Ch. 939, Sec. 84. Effective January 1, 2000.)