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California · Through 2026-09-13

GOV § 21535

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Where this section sits in the code
  1. Government Code - GOV
  2. TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]
  3. DIVISION 5. PERSONNEL [18000. - 22980.]
  4. PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM [20000. - 21716.]
  5. CHAPTER 14. Death Benefits [21490. - 21635.5.]
  6. ARTICLE 2. Preretirement Death Benefits [21530. - 21554.]

Notwithstanding Section 20178, for member deaths occurring on or after January 1, 1994, if the actuarial interest rate exceeds 6 percent, the accumulated contributions of a member payable pursuant to subdivision (a) of Section 21532 shall be increased by a factor determined by the board that is based on the difference between the current actuarial interest rate defined in Section 20014 and the 6 percent interest crediting rate on member contributions. If the actuarial interest rate is less than 6 percent, no increase may be provided under this section.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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