“Actuarial equivalent” means a benefit of equal value when computed upon the basis of the mortality tables adopted and the actuarial interest rate fixed by the board.
Cal. Gov. Code § 20013
Definitions
Known as the Public Employees’ Retirement Law
The act spans §§ 20000–21716 (1,037 sections).
Repealed and added by Stats. 1995, Ch. 379, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.