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Cal. Gov. Code § 21092

Second Tier Retirement—Contracting Agencies

Known as the Public Employees’ Retirement Law

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

Amended by Stats. 2013, Ch. 526, Sec. 22

(a) The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting agency may pay all or a portion of the member’s normal contributions, pursuant to Section 20691.

(b) Notwithstanding subdivision (a), a new member, as defined in Section 7522.04, shall have a contribution rate of at least 50 percent of the normal cost, pursuant to Section 7522.30.

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