{"code":"GOV","codeName":"Government Code","section":"22970.62","citation":"Gov. Code, § 22970.62","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]","url":"https://blackletter.si/government-code/title-2"},{"name":"DIVISION 5. PERSONNEL [18000. - 22980.]","url":"https://blackletter.si/government-code/title-2/division-5"},{"name":"PART 8. SUPPLEMENTAL CONTRIBUTIONS PROGRAM [22970. - 22970.89.]","url":"https://blackletter.si/government-code/title-2/division-5/part-8"},{"name":"CHAPTER 7. Participation Accounts [22970.60. - 22970.64.]","url":"https://blackletter.si/government-code/title-2/division-5/part-8/chapter-7"}],"history":"Amended by Stats. 2013, Ch. 755, Sec. 9.   (SB 277)   Effective January 1, 2014.","effective":"2014-01-01","html":"<p>The net earnings of the applicable investment fund option available under the plan shall be allocated to the participant’s account as of each valuation date.</p>","text":"The net earnings of the applicable investment fund option available under the plan shall be allocated to the participant’s account as of each valuation date.","otherVersions":[],"url":"https://blackletter.si/government-code/participation-accounts-22970-62","source":"California Legislative Information bulk export (pubinfo)"}