Section 22117 Of Chapter 2. Definitions From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 2.
22117
. "Contribution rate for additional service credit" means the
contribution rate adopted by the board as a plan amendment with
respect to the Defined Benefit Program for the purchase of service
credit. This rate shall be based upon the most recent valuation of
the plan with respect to the Defined Benefit Program and increased to
include any subsequently required contribution rates designated for
funding subsequent allowance increases.