Code Section

Education Code - EDC

TITLE 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]

  ( Title 1 enacted by Stats. 1976, Ch. 1010. )
  

DIVISION 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]

  ( Division 1 enacted by Stats. 1976, Ch. 1010. )
  

PART 13. STATE TEACHERS' RETIREMENT SYSTEM [22000 - 25115]

  ( Part 13 repealed and added by Stats. 1993, Ch. 893, Sec. 2. )
  

CHAPTER 2. Definitions [22100 - 22177]
  ( Chapter 2 repealed and added by Stats. 1994, Ch. 933, Sec. 3. )

  
22120.  

“Credited interest” means interest that is credited to active members’ and inactive members’ accumulated retirement contributions and accumulated annuity deposit contributions at a rate set annually by the board as a plan amendment with respect to the Defined Benefit Program.

(Amended by Stats. 2016, Ch. 218, Sec. 6. (SB 1352) Effective January 1, 2017.)