California Statutes
§ 26129. — 26129. (Amended by Stats. 1998, Ch. 1048, Sec. 22.)
California § 26129.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 14.PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM
Ch. 2.CHAPTER 2. Definitions
This text of California § 26129. (26129. (Amended by Stats. 1998, Ch. 1048, 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 § 26129. (2026).
Text
“Gain and Loss Reserve” means the reserve account established by the board within the fund with respect to the Cash Balance Benefit Program to be drawn upon to the extent necessary to credit interest to employee accounts and employer accounts at the minimum interest rate during years in which the plan’s investment earnings with respect to the Cash Balance Benefit Program are not sufficient for that purpose, and where necessary, to provide additions to the Annuitant Reserve for monthly annuity payments.
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Legislative History
Amended by Stats. 1998, Ch. 1048, Sec. 22. Effective January 1, 1999.
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Bluebook (online)
California § 26129., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/26129..