California Statutes

§ 32033. — 32033. (Added by Stats. 1947, Ch. 424.)

California § 32033.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 3.DIVISION 4. EMPLOYEES
Part 3.PART 3. RETIREMENT SYSTEMS
Ch. 4.CHAPTER 4. County Peace Officers Retirement Law
Art. 6.ARTICLE 6. Contributions

This text of California § 32033. (32033. (Added by Stats. 1947, Ch. 424.)) 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.

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Cal. Government Code - GOV Code § 32033. (2026).

Text

All contributions and deposits shall bear simple interest at a rate to be fixed by the board of retirement with the approval of the board of supervisors, not to exceed 4 percent a year. Interest shall be credited semiannually on June 30th and December 31st to all contributions in the retirement fund to the credit of each member which have been on deposit for six months immediately prior to such date.

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Legislative History

Added by Stats. 1947, Ch. 424.
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California § 32033., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/32033..