§ 22970.19. — 22970.19. (Amended by Stats. 2013, Ch. 755, Sec. 5.)

California § 22970.19.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Div.: 5.
• Title 2.: DIVISION 5. PERSONNEL
• Part 8.: PART 8. SUPPLEMENTAL CONTRIBUTIONS PROGRAM
• Ch. 2.: CHAPTER 2. Definitions

Text

“Net earnings” means the income earned, or losses incurred, after asset management fees, on the applicable investment fund options offered under the Supplemental Contributions Program, less the costs of administering the plan.

Legislative History

Amended by Stats. 2013, Ch. 755, Sec. 5. (SB 277) Effective January 1, 2014.