{"code":"EDC","codeName":"Education Code","section":"22144.5","citation":"Ed. Code, § 22144.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","url":"https://blackletter.si/education-code/title-1"},{"name":"DIVISION 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","url":"https://blackletter.si/education-code/title-1/division-1"},{"name":"PART 13. STATE TEACHERS' RETIREMENT SYSTEM [22000. - 25115.]","url":"https://blackletter.si/education-code/title-1/division-1/part-13"},{"name":"CHAPTER 2. Definitions [22100. - 22177.]","url":"https://blackletter.si/education-code/title-1/division-1/part-13/chapter-2"}],"history":"Added by Stats. 2000, Ch. 1021, Sec. 6.   Effective January 1, 2001.","effective":"2001-01-01","html":"<p>“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 <a href=\"/edc/22311.5\">22311.5</a>.</p>","text":"“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.","otherVersions":[],"url":"https://blackletter.si/education-code/definitions-22144-5","source":"California Legislative Information bulk export (pubinfo)"}