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§ 27602. Compensation That is Paid a Limited Number of Times.

5 CA ADC § 27602Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 5. Education
Division 3. Teachers' Retirement System
Chapter 2. Compensation
Article 5. Appropriate Crediting of Contributions
5 CCR § 27602
§ 27602. Compensation That is Paid a Limited Number of Times.
Currentness
(a) Compensation is creditable to the Defined Benefit Supplement account if compensation was restructured into salary or remuneration in addition to salary as described in subdivision (c) of Section 27400 or subdivision (b) of Section 27401, and is paid a limited number of times, has a specified end date, or is otherwise not permanent.
(b) Contributions for remuneration in addition to salary that is paid pursuant to Section 27401 shall be credited to the member's Defined Benefit Supplement account if the compensation is not ongoing, as limited by either of the following:
(A) The number of times is specified in law or in a publicly available written contractual agreement.
(B) The compensation is not scheduled to continue.

Credits

Note: Authority cited: Sections 22119.2, 22305 and 22458, Education Code. Reference: Sections 22119.2 and 22905, Education Code.
History
1. New section filed 11-18-2014; operative 1-1-2015 (Register 2014, No. 47).
2. Amendment filed 8-22-2017; operative 10-1-2017 (Register 2017, No. 34).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 5, § 27602, 5 CA ADC § 27602
End of Document