California Statutes
§ 27303.5. — 27303.5. (Added by Stats. 2010, Ch. 207, Sec. 28.)
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. 14. CHAPTER 14. Distribution of Benefits
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.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 27303.5. (27303.5. (Added by Stats. 2010, Ch. 207, Sec. 28.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2010, Ch. 207, Sec. 28. (AB 2260) Effective January 1, 2011.