Section 21052 Of Article 6. Service Credit Election And Cost Calculation From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 11. >> Article 6.
21052
. A member or retired former employee who elects to receive
service credit subject to this section shall contribute, in
accordance with Section 21050, an amount equal to the increase in
employer liability, using the payrate and other factors affecting
liability on the date of the request for costing of the service
credit. The methodology for calculating the amount of the
contribution shall be determined by the chief actuary and approved by
the board. A member or retired former employee electing to receive
service credit for service subject to Section 21076, 21076.5, or
21077 shall pay the contributions as described.