Section 22115 - [Effective Until 1/1/2025] Compensation earnable(a) "Compensation earnable" means the sum of the following: (1) The average annualized pay rate, which shall be determined as the quotient obtained when salary or wages, as described in Section 22119.2 or 22119.3, paid in a school year is divided by the service credited for that school year. The quotient shall not exceed the member's highest annualized pay rate for that school year.(2) Remuneration that is paid in addition to salary or wages, as described in Section 22119.2 or 22119.3, for the school year described in paragraph (1).(b) If a member earns creditable compensation at multiple annualized pay rates during a school year and service credited at the highest annualized pay rate is at least 0.900 of a year, compensation earnable shall be determined as if all service credited for that year had been earned at the highest annualized pay rate.(c) Compensation earnable excludes creditable compensation for which contributions are credited by the system to the Defined Benefit Supplement Program.Amended by Stats 2019 ch 96 (AB 644),s 2, eff. 1/1/2020.Amended by Stats 2015 ch 782 (AB 963),s 1, eff. 1/1/2016.Amended by Stats 2014 ch 755 (SB 1220),s 5, eff. 1/1/2015.Amended by Stats 2013 ch 559 (AB 1381),s 3, eff. 1/1/2014.Amended by Stats 2009 ch 304 (SB 634),s 1, eff. 1/1/2010.Amended by Stats 2006 ch 654 (SB 1465),s 1, eff. 1/1/2007.Amended by Stats 2005 ch 22 (SB 1108),s 32, eff. 1/1/2006Amended by Stats 2004 ch 442 (AB 1586),s 1, eff. 1/1/2005Amended by Stats 2000 ch 1021 (AB 2700), s 3, eff. 1/1/2001.This section is set out more than once due to postponed, multiple, or conflicting amendments.