Section 22885 Of Article 7. State Contributions From California Government Code >> Division 5. >> Title 2. >> Part 5. >> Chapter 1. >> Article 7.
22885
. (a) The state shall, in addition to the contributions
required by Section 22870, contribute additional amounts necessary to
provide funds for the administration of this part and for the
establishment and continuation of the Public Employees' Contingency
Reserve Fund.
(b) The additional contributions shall be in amounts reasonably
adequate to pay the administrative expenses and to establish and
maintain the account within the Public Employees' Contingency Reserve
Fund provided by subdivision (b) of Section 22910, as determined by
the board and as adopted by the Legislature in an appropriate control
section of the annual Budget Act, but may not exceed, for each
employee or annuitant, the following amounts:
(1) For administrative expenses, 2 percent of the total of the
contributions made by the employee or annuitant and by the state on
behalf of the employee or annuitant for enrollment in a health
benefit plan.
(2) For the account within the Public Employees' Contingency
Reserve Fund provided by subdivision (b) of Section 22910, 4 percent
of the total of the contributions made by the employee or annuitant
and by the state on behalf of the employee or annuitant for
enrollment in a health benefit plan.