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Cal. Gov. Code § 20059

Definitions

Known as the Public Employees’ Retirement Law

The act spans §§ 20000–21716 (1,037 sections).

Added by Stats. 1995, Ch. 379, Sec. 2

“Regular interest” means interest at the annual interest rate for purposes of crediting of interest, compounded annually.

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