Ed. Code, § 22156.2 · Chapter 2. Definitions

Ed. Code, § 22156.2

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

“Present value factor,” for purposes of Section 22156.1, means an overall average rate based upon the demographics of members who recently retired under the Defined Benefit Program and regular interest that shall determine present value on the effective date of retirement.

Notes and commentary — not statutory text

History

Added by Stats. 1999, Ch. 939, Sec. 19. Effective January 1, 2000.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC&sectionNum=22156.2.
Text hash: sha256 dc34363a0fa539966d0543c87f4ad6b3f0c7ad8e34ee86b4e49e8c93e17d2ef4
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This section cites

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Education Code

Ed. Code, § 22156.1Printed as Section 22156.1

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