California Statutes

§ 20683.6. — 20683.6. (Amended by Stats. 2023, Ch. 39, Sec. 8.)

California·Code GOV Government Code - GOV·Div. 5.·Title 2. DIVISION 5. PERSONNEL·Part 3. PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Ch. 8. CHAPTER 8. Member Contributions·Art. 1. ARTICLE 1. Normal Contributions
(a)Notwithstanding Sections 20677.4 and 20677.71, effective July 1, 2019, the normal rate of contribution for state miscellaneous members who are represented by State Bargaining Unit 9 shall be adjusted in accordance with this section when both of the following occur:
(1)The total normal cost rate for the category in effect for the 2016–17 fiscal year has increased by at least 1 percent.
(2)Fifty percent of the new normal cost rate, rounded to the nearest one-quarter of 1 percent, is greater than the normal contribution rate established in Section 20677.71.
(b)If on July 1, 2019, the board determines that the requirements of paragraphs (1) and (2) of subdivision (a) have been met, the normal rate of contribution for state miscellaneous members who are represented by State Bargain

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California § 20683.6. (20683.6. (Amended by Stats. 2023, Ch. 39, Sec. 8.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2023, Ch. 39, Sec. 8. (AB 130) Effective July 10, 2023.

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