Except as provided in subdivisions (d) and (e) of Section 7522.02, each public employer and each public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
Cal. Gov. Code § 7522.15
California Public Employees’ Pension Reform Act of 2013
Known as the California Public Employees’ Pension Reform Act
The act spans §§ 7522–7522 (25 sections).
Added by Stats. 2012, Ch. 296, Sec. 15
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.