Home/California/Statutes/Code EDC: Education Code - EDC/Div.: 1./Title 1.: DIVISION 1. GENERAL EDUCATION CODE PROVISIONS/Part 13.: PART 13. STATE TEACHERS' RETIREMENT SYSTEM/Ch. 3.: CHAPTER 3. Retirement Board/§ 22216.
California Statutes

§ 22216. — 22216. (Amended by Stats. 1998, Ch. 965, Sec. 22.)

California § 22216.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 13.PART 13. STATE TEACHERS' RETIREMENT SYSTEM
Ch. 3.CHAPTER 3. Retirement Board

This text of California § 22216. (22216. (Amended by Stats. 1998, Ch. 965, Sec. 22.)) 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 § 22216. (2026).

Text

(a)The board shall annually adopt as a plan amendment with respect to the Defined Benefit Program the rate of credited interest to be credited to members’ accumulated retirement contributions for service performed after June 30, 1935, and the accumulated annuity deposit contributions excluding all accumulated contributions while being paid as disability allowances, family allowances, and retirement allowances.
(b)The board shall credit interest to all other accumulated reserves at the actuarially assumed interest rate.

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Legislative History

Amended by Stats. 1998, Ch. 965, Sec. 22. Effective January 1, 1999.
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California § 22216., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/22216..