“Employer contribution rate” means the percentage of salary that determines the amount the employer contributes to the Cash Balance Benefit Program with respect to each employee who is a participant.
Cal. Educ. Code § 26124
Definitions
Amended by Stats. 1998, Ch. 965, Sec. 238
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.