2007 California Government Code Chapter 7. Participation Accounts

CA Codes (gov:22970.60-22970.64)

GOVERNMENT CODE
SECTION 22970.60-22970.64



22970.60.  Contributions made to the plan by the participant 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.

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