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( Part 13 repealed and added by Stats. 1993, Ch. 893, Sec. 2.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( Chapter 2 repealed and added by Stats. 1994, Ch. 933, Sec. 3. ) 22162.
“Regular interest” means interest that is equal to the actuarially assumed rate of return on investments on assets of the Defined Benefit Program. The regular interest rate shall be adopted annually by the board as a plan amendment with respect to the Defined Benefit Program.
This section shall become operative on July 1, 2010.
(Repealed (in Sec. 1) and added by Stats. 2009, Ch. 249, Sec. 2. (AB 654) Effective January 1, 2010. Section operative July 1, 2010, by its own provisions.)