Education Code section 22402

Earned interest on plan assets with respect to the Defined Benefit Program that is not credited to member accounts under the Defined Benefit Program and the plan’s other income with respect to the Defined Benefit Program shall be allocated to provide benefits payable under the Defined Benefit Program.

Source: Section 22402, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=22402. (accessed May 10, 2025).

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22404

Last Updated

May 10, 2025

§ 22402’s source at ca.gov

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Location: https://california.public.law/codes/education_code_section_22402

Original Source: Section 22402, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=22402. (last accessed May 10, 2025).