California Statutes

§ 27303.5. — 27303.5. (Added by Stats. 2010, Ch. 207, Sec. 28.)

California § 27303.5.
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. 14.CHAPTER 14. Distribution of Benefits

This text of California § 27303.5. (27303.5. (Added by Stats. 2010, Ch. 207, Sec. 28.)) 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 § 27303.5. (2026).

Text

If an employer reports erroneous information, the system shall calculate the actuarial present value of the expected payments from the participant or beneficiary pursuant to Sections 22008 and 24617. The employer shall pay the difference between the total amount of the overpayment and the calculation of the actuarial present value of expected payments.

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Legislative History

Added by Stats. 2010, Ch. 207, Sec. 28. (AB 2260) Effective January 1, 2011.

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California § 27303.5., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/27303.5..