California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 5. PERSONNEL |
Part 7. STATE PEACE OFFICERS' AND FIREFIGHTERS' DEFINED CONTRIBUTION PLAN |
Chapter 7. Participant Accounts |
Section 22960.67.
Latest version.
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The net earnings of the fund shall be allocated to the participant's account as of each valuation date in the ratio that the participant's account balance bears to the aggregate of all participants' account balances.
(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)