California § 21092. 21092. (Amended by Stats. 2013, Ch. 526, Sec. 22.)

California Statutes

§ 21092. — 21092. (Amended by Stats. 2013, Ch. 526, Sec. 22.)

California·Code GOV Government Code - GOV·Div. 5.·Title 2. DIVISION 5. PERSONNEL·Part 3. PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Ch. 12. CHAPTER 12. Retirement from Employment·Art. 3. ARTICLE 3. Second Tier Retirement—Contracting Agencies

(a)The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting agency may pay all or a portion of the member’s normal contributions, pursuant to Section 20691.

(b)Notwithstanding subdivision (a), a new member, as defined in Section 7522.04, shall have a contribution rate of at least 50 percent of the normal cost, pursuant to Section 7522.30.

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(a)
The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting agency may pay all or a portion of the member’s normal contributions, pursuant to Section 20691.
(b)
Notwithstanding subdivision (a), a new member, as defined in Section 7522.04, shall have a contribution rate of at least 50 percent of the normal cost, pursuant to Section 7522.30.

California § 21092. (21092. (Amended by Stats. 2013, Ch. 526, Sec. 22.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2013, Ch. 526, Sec. 22. (SB 220) Effective January 1, 2014.

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