Ed. Code, § 22950 · Chapter 16. Employer and State Contributions
Ed. Code, § 22950
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Employers shall contribute monthly to the system 8 percent of the creditable compensation upon which members’ contributions under this part are based.
(b) From the contributions required under subdivision (a), there shall be deposited in the Teachers’ Retirement Fund an amount, determined by the board, that is not less than the amount, determined in an actuarial valuation of the Defined Benefit Program pursuant to Section 22311.5, necessary to finance the liabilities associated with the benefits of the Defined Benefit Program over the funding period adopted by the board, after taking into account the contributions made pursuant to Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1.
(c) The amount of contributions required under subdivision (a) that is not deposited in the Teachers’ Retirement Fund pursuant to subdivision (b) shall be deposited directly into the Teachers’ Health Benefits Fund, as established in Section 25930, and shall not be deposited into or transferred from the Teachers’ Retirement Fund.
(d) (1) Notwithstanding subdivisions (b) and (c), there may be deposited into the Teachers’ Retirement Program Development Fund, as established in Section 22307.5, from the contributions required under subdivision (a), an amount determined by the board, not to exceed the limit specified in paragraph (2).
(2) The balance of deposits into the Teachers’ Retirement Program Development Fund, minus the subsequent transfer of funds, with interest, into the Teachers’ Retirement Fund pursuant to subdivision (e) of Section 22307.5, shall not exceed 0.01 percent of the total of the creditable compensation of the fiscal year ending in the immediately preceding calendar year upon which member’s contributions to the Defined Benefit Program are based.
(3) The deposits described in this subdivision shall not be deposited into, or transferred from, the Teachers’ Retirement Fund.
Notes and commentary — not statutory text
History
Amended by Stats. 2015, Ch. 123, Sec. 15. (AB 991) Effective January 1, 2016.
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§ionNum=22950.
- Text hash
- sha256 e786ce06293ea4ebe5082591115991d255dea19497cd663799a0d4fb7e60f2fe
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Education Code
- Ed. Code, § 22307.5Printed as Section 22307.5
- Ed. Code, § 22311.5Printed as Section 22311.5
- Ed. Code, § 22901Printed as Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1
- Ed. Code, § 22901.7Printed as Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1
- Ed. Code, § 22950.5Printed as Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1
- Ed. Code, § 22951Printed as Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1
- Ed. Code, § 22955Printed as Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1
- Ed. Code, § 22955.1Printed as Sections 22901, 22901.7, 22950.5, 22951, 22955, and 22955.1
- Ed. Code, § 25930Printed as Section 25930
Cited by 11 provisions
Provisions in this library whose text cites Ed. Code, § 22950. Each shows the citation as that text prints it.
Education Code
- Ed. Code, § 22710Printed as Sections 22901 and 22950
- Ed. Code, § 22852Printed as Sections 22950, 22950.5, and 22951
- Ed. Code, § 22905Printed as Sections 22901, 22901.3, 22950, and 22951
- Ed. Code, § 22950.5Printed as Section 22950
- Ed. Code, § 22955Printed as Section 22950
- Ed. Code, § 23001Printed as Sections 22901, 22901.7, 22950, and 22950.5
- Ed. Code, § 24260Printed as Section 22950
- Ed. Code, § 24343Printed as Sections 22901 and 22950
- Ed. Code, § 24807Printed as Section 22950
- Ed. Code, § 25930Printed as Section 22950
- Ed. Code, § 25950Printed as Section 22950
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