§ 553.6. Actuarial Assumptions.
2 CA ADC § 553.6Barclays Official California Code of Regulations
Barclays California Code of Regulations
Title 2. Administration
Division 1. Administrative Personnel
Chapter 2. Board of Administration of Public Employees' Retirement System
Subchapter 1. Employees' Retirement System Regulations
Article 1.5. Plan Qualification Requirements for the Public Employees' Retirement Fund
2 CCR § 553.6
§ 553.6. Actuarial Assumptions.
The amount of benefits payable by the Public Employees' Retirement System shall be determined on the basis of actuarial assumptions adopted by the board in accordance with Section 20132 of the Government Code, as well as Article XVI, Section 17(e) of the California Constitution. Such benefits will not be subject to employer discretion.
Credits
Note: Authority cited: Section 20121, Government Code. Reference: California Constitution, Article XVI, Section 17; Sections 20132, 20170 and 20171, Government Code; and Section 401(a)(25), Title 26, United States Code.
History
1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 2, § 553.6, 2 CA ADC § 553.6
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