Section 89762 Of Article 4. Expenditures And Control From California Education Code >> Division 8. >> Title 3. >> Part 55. >> Chapter 6. >> Article 4.
89762
. (a) The contributions of the California State University to
the Public Employees' Retirement Fund, as provided by Section 20822
of the Government Code, shall be based on pensionable compensation
and the rates set forth in the Budget Act, and shall be paid out of
the California State University total appropriation in the annual
Budget Act.
(b) Beginning in the 2013-14 fiscal year and each fiscal year
thereafter, annual adjustments to the budget allocation for
California State University pension contributions shall be based on
the university's actual 2013-14 fiscal year pensionable payroll, as
identified by the Controller's office, by funding source and state
member categories, and the incremental change in the rates set forth
in the annual Budget Act.
(c) Budget adjustments under this section shall not be made for
subsequent changes in payroll.
(d) Pension funding for the university shall be identified
annually in the Budget Act.