Section 22970.10.  


Latest version.
  • "Account" means the account maintained with respect to the participant that reflects the aggregate value of the following amounts credited to the participant:

    (a) Employee after-tax contributions to the plan.

    (b) Net earnings of the Supplemental Contributions Program allocable to the participant.

    (c) Any amount credited to the participant's account by reason of a transfer from another plan or arrangement in accordance with applicable laws.

(Amended by Stats. 2007, Ch. 511, Sec. 2. Effective January 1, 2008.)