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Cal. Education Code § 22156.2

Cal. Education Code § 22156.2

California · California Education Code · Status: effective · Effective 2000-01-01

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Cal. Education Code § 22156.2, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/797136
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“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.