Section 24618 Of Chapter 31. Procedures Concerning Payment From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 31.

. Losses or gains resulting from overpayment or underpayment of contributions or other amounts under this part within the limits set by the California Victim Compensation and Government Claims Board for automatic writeoff, and losses or gains in greater amounts specifically approved for writeoffs by the California Victim Compensation and Government Claims Board, shall be debited or credited, as the case may be, to the appropriate reserve in the retirement fund.