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Cal. Education Code § 22144.5

Cal. Education Code § 22144.5

California · California Education Code · Status: effective · Effective 2001-01-01

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Cal. Education Code § 22144.5, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/797116
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“Liability gains and losses” means the difference between actual noninvestment related experience and the experience expected based upon a set of noninvestment related actuarial assumptions during the period between two actuarial valuation dates, as determined in accordance with assumptions adopted by the board pursuant to Section 22311.5.