California Statutes
§ 26301. — 26301. (Amended by Stats. 2011, Ch. 703, Sec. 32.)
California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 14. PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM·Ch. 4. CHAPTER 4. Employer and Participant Responsibilities
(a)Employers shall report contributions paid on behalf of each participant in each pay period, along with all other information required by the system no later than 10 working days following the last day of the pay period in which the salary was earned, and the report shall be delinquent immediately thereafter. That report shall be submitted electronically in an encrypted format provided by the system that ensures the security of the transmitted participant data.
(b)The board shall, in accordance with regulations, assess a penalty against the employer for a report submitted late or in an unacceptable form. The penalty shall be based upon the sum of the employee and employer contributions required to be reported under this
part at a rate of interest equal to the regular interest rat
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California § 26301. (26301. (Amended by Stats. 2011, Ch. 703, Sec. 32.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2011, Ch. 703, Sec. 32. (SB 349) Effective January 1, 2012.