California Education Code 22222 – The board may adjust the amounts of the death payments based on …
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The board may adjust the amounts of the death payments based on changes in the All Urban California Consumer Price Index, and shall adopt as a plan amendment with respect to the Defined Benefit Program any adjusted amount, provided that the most recent actuarial valuation report indicates that the adjustment would not increase the normal cost.
(Amended by Stats. 1998, Ch. 965, Sec. 23. Effective January 1, 1999.)
Terms Used In California Education Code 22222
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.