Education Code section 26124

“Employer contribution rate” means the percentage of salary that determines the amount the employer contributes to the Cash Balance Benefit Program with respect to each employee who is a participant.

Source: Section 26124, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=26124. (accessed May 9, 2025).

Last Updated

Apr. 24, 2025

§ 26124’s source at ca.gov

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Location: https://california.public.law/codes/education_code_section_26124

Original Source: Section 26124, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=26124. (last accessed Apr. 24, 2025).