CHAPTER 6. Contributions [26500. - 26507.]
Chapter 6 added by Stats. 1995, Ch. 592, Sec. 16.
§§ 26500–26507 · 9 sections
- § 26500 Acceptance of employment subject to coverage by the Cash Balance Benefit Program constitutes consent to have contributions deducted from the employee’s salary…
- § 26501 Except as provided in Section 26504, the participant shall contribute an amount equivalent to 4 percent of salary.
- § 26501.5 A person who elects, pursuant to Section 26403, to participate in the Cash Balance Benefit Program shall make contributions, as provided in Section 26501,…
- § 26502 Notwithstanding Section 26301.5, the employer may pick up, for the sole purpose of and in accordance with the requirements of Section 414(h)(2) of Title 26 of…
- § 26503 Except as provided in Sections 26504 and 26507, the employer shall contribute an amount equivalent to 4 percent of salary for each participant employed by the…
- § 26503.5 If a person elects, pursuant to Section 26403, to participate in the Cash Balance Benefit Program, his or her employer shall make contributions, as provided in…
- § 26504 The employer may enter into a collective bargaining agreement to pay a different employer contribution rate and a different employee contribution rate,…
- § 26506 (a) Except as provided in subdivision (b), participants shall not make voluntary pretax or post-tax contributions into the Cash Balance Benefit Program, nor…
- § 26507 (a) The board may adjust the mandatory employer contribution rate specified under Section 26503 for a fixed period of plan years when it has determined based…