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Cal. Educ. Code § 22304

Administration

Known as the E. Richard Barnes Act

The act spans §§ 22000–25115 (716 sections).

Amended by Stats. 2000, Ch. 74, Sec. 24

(a) The costs of administration of the plan shall be paid from the retirement fund and those costs may not exceed the amount made available by law during any fiscal period.

(b) The administrative costs of the plan shall be divided proportionately in accordance with the assets of the Defined Benefit Program, the Defined Benefit Supplement Program, and the Cash Balance Benefit Program.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.