California Government Code 22960.67 – The net earnings of the fund shall be allocated to the participant’s …
Current as of: 2024 | Check for updates
|
Other versions
The net earnings of the fund shall be allocated to the participant’s account as of each valuation date in the ratio that the participant’s account balance bears to the aggregate of all participants’ account balances.
(Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.)