“Regular interest” means interest at the annual rate fixed by the board, compounded annually, plus such additional interest as the board may credit from year to year.
Cal. Gov. Code § 9350.7
Definitions and General Provisions
Known as the Legislators’ Retirement Law
The act spans §§ 9350–9378 (120 sections).
Added by Stats. 1947, Ch. 879.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.