“Additional earnings credit” means an amount derived from investment income for the plan year as determined by the board by plan amendment and added to members’ Defined Benefit Supplement accounts in addition to the amount credited at the minimum interest rate for that plan year.
Cal. Educ. Code § 22104.7
Definitions
Known as the E. Richard Barnes Act
The act spans §§ 22000–25115 (716 sections).
Added by Stats. 2000, Ch. 74, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.