Section 22104.8 - [Effective 1/1/2025] Annualized pay rate(a) "Annualized pay rate" means the salary, as described in Section 22119.3, a person could earn during a school term in a position subject to membership if creditable service were performed for that position on a full-time basis.(b) The annualized pay rate shall be determined pursuant to the publicly available pay schedule by using either of the following methods: (1) Explicitly itemized as a single amount, either separately or within a table.(2) Derived from an explicit hourly or daily rate multiplied by the total hours or days required in order to be employed in the position subject to membership on a full-time basis pursuant to Section 22138.5. If the total hours or days required to be employed on a full-time basis is not established, the number of hours or days shall be the minimum standard described in Section 22138.5.(c) If no annualized pay rate exists pursuant to subdivision (b) for a position subject to membership, all compensation earned in that position shall be deemed "supplemental pay" pursuant to paragraph (2) of subdivision (a) of Section 22119.3.(d) This definition of "annualized pay rate" is consistent with subdivision (e) of Section 22115.(e)(1) The board shall determine a date based on when the system has the capacity to implement the changes made by the act that added this subdivision. The date determined by the board shall be posted on the internet website of the system no later than July 1, 2027.(2) This section shall become operative on the date determined by the board pursuant to paragraph (1).Added by Stats 2024 ch 690 (AB 1997),s 2, eff. 1/1/2025.