Section 22901 Of Chapter 15. Employee Contributions From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 15.
22901
. (a) Each member of the Defined Benefit Program shall
contribute to the retirement fund an amount equivalent to 8 percent
of the member's creditable compensation, unless he or she is a member
subject to the California Public Employees' Pension Reform Act of
2013.
(b) Each member subject to the California Public Employees'
Pension Reform Act of 2013 shall contribute to the retirement fund an
amount equivalent to the percentage of the member's creditable
compensation calculated as follows:
(1) An initial percentage equal to 50 percent of the normal cost
rate of benefits applicable to members subject to the California
Public Employees' Pension Reform Act of 2013, rounded to the nearest
quarter of 1 percent. The normal cost rate shall be adopted by the
board.
(2) Notwithstanding paragraph (1), once established, the
percentage described in paragraph (1) shall not be adjusted on
account of a change to the normal cost rate, as adopted by the board,
unless the normal cost rate increases or decreases by more than 1
percent of payroll above or below the normal cost rate in effect at
the time the percentage is first established or, if later, the normal
cost rate in effect at the time of the last adjustment.
(3) Notwithstanding subdivision (e) of Section 7522.30 of the
Government Code, this subdivision shall not be subject to the
collective bargaining process.
(c) Notwithstanding Section 22905, any member contributions for
service performed during the 2010-11 school year with a service
period ending after December 31, 2010, shall be credited pursuant to
subdivision (a).