Education Code section 26101

“Actuarial equivalent” means a benefit that has the same present value as the benefit it replaces based on interest rates and mortality tables recommended by the actuary and adopted by the board as a plan amendment.

Source: Section 26101, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=26101. (accessed May 12, 2025).

Last Updated

May 12, 2025

§ 26101’s source at ca.gov

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Location: https://california.public.law/codes/education_code_section_26101

Original Source: Section 26101, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=26101. (last accessed May 12, 2025).