The retirement benefit under this part is a benefit payable in the event of retirement that is an amount equal to the sum of the employee account and the employer account as of the retirement date.
Cal. Educ. Code § 26805
Retirement Benefit
Amended by Stats. 1998, Ch. 965, Sec. 276
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.