Section 75572 Of Article 5. Payment Of Benefits From California Government Code >> Title 8. >> Chapter 11.5. >> Article 5.
75572
. The benefits payable to any person who first becomes a
member of this system on or after July 1, 1996, shall not exceed the
limitations in Section 401(a) of Title 26 of the United States Code
upon public retirement systems, as that section may be amended from
time to time and as that limit may be adjusted by the Commissioner of
Internal Revenue for increases in cost of living. The determination
of compensation for each 12-month period shall be subject to the
annual compensation limit in effect for that calendar year. In a
determination of average annual compensation over more than one
12-month period, the amount of compensation taken into account for
each 12-month period shall be subject to the applicable annual
compensation limit.