“Net earnings” means the earnings of the retirement fund less the administrative costs specified in Section 9354 and transfers to the reserve against deficiencies.
Cal. Gov. Code § 9350.10
Definitions and General Provisions
Known as the Legislators’ Retirement Law
The act spans §§ 9350–9378 (120 sections).
Added by Stats. 1985, Ch. 168, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.