California Statutes

§ 22162. — 22162. (Repealed (in Sec. 1) and added by Stats. 2009, Ch. 249, Sec. 2.)

California § 22162.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 13.PART 13. STATE TEACHERS' RETIREMENT SYSTEM
Ch. 2.CHAPTER 2. Definitions

This text of California § 22162. (22162. (Repealed (in Sec. 1) and added by Stats. 2009, Ch. 249, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Education Code - EDC Code § 22162. (2026).

Text

“Regular interest” means interest that is equal to the actuarially assumed rate of return on investments on assets of the Defined Benefit Program. The regular interest rate shall be adopted annually by the board as a plan amendment with respect to the Defined Benefit Program. This section shall become operative on July 1, 2010.

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Legislative History

Repealed (in Sec. 1) and added by Stats. 2009, Ch. 249, Sec. 2. (AB 654) Effective January 1, 2010. Section operative July 1, 2010, by its own provisions.

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California § 22162., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/22162..