In addition to any other contributions required by this part, employers shall, on account of liability for benefits pursuant to Section 22717, contribute monthly to the Teachers’ Retirement Fund 0.25 percent of the creditable compensation upon which members’ contributions under this part are based.
Cal. Educ. Code § 22951
Employer and State Contributions
Known as the E. Richard Barnes Act
The act spans §§ 22000–25115 (716 sections).
Amended by Stats. 2000, Ch. 1025, Sec. 22
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.