BlackletterCalifornia law

Government Code § 22960.67

CHAPTER 7. Participant Accounts

Current as of September 28, 2026Gov. Code, § 22960.67Official source ↗

Added by Stats. 1998, Ch. 820, Sec. 11. Effective September 25, 1998.

The net earnings of the fund shall be allocated to the participant’s account as of each valuation date in the ratio that the participant’s account balance bears to the aggregate of all participants’ account balances.