Public-domain · open source
OpenJurist

Cal. Gov. Code § 20533

Contracting Agency Financial Obligations

Known as the Public Employees’ Retirement Law

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

Amended by Stats. 2014, Ch. 237, Sec. 3

The employer contribution rate adopted under this part, or because of amendments to the contract or to this part, apply to all compensation upon the basis of which member’s contributions are deducted after those employer contribution rates became or become effective.

If correction of the amount of compensation reported is required, the employer contributions shall be computed using the employer contribution rate in effect at the time that the compensation requiring adjustment was earned.

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