2005 California Government Code Sections 22970.60-22970.64 CHAPTER 7. PARTICIPATION ACCOUNTS

GOVERNMENT CODE
SECTION 22970.60-22970.64

22970.60.  Contributions made by the participant to the plan shall
be credited to the participant's account.
22970.61.  In the case of a contribution that is made under a
mistake of fact, nothing in this part shall prohibit the return of
that contribution to the participant within one year after discovery
of the mistake.
22970.62.  The net earnings of the fund shall be allocated to the
participant's account as of each valuation date.
22970.63.  The value of each participant's account shall be
determined at least once annually in a manner prescribed by the
board.
22970.64.  A participant shall receive a statement that displays the
value, or balance, of the participant's account and summarizes any
credits to the account or other transactions.


Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.