The board shall report annually to the Joint Rules Committee the rate of contributions which, if paid by the state pursuant to Section 9358, would fully amortize the unfunded actuarial obligation of this system over a period of not to exceed 40 years.
Cal. Gov. Code § 9358.1
Contributions
Known as the Legislators’ Retirement Law
The act spans §§ 9350–9378 (120 sections).
Added by Stats. 1987, Ch. 271, 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.