Current through the 2024 Legislative Session.
Section 22121 - [Effective 1/1/2025] Credited service(a) "Credited service" means service for which the required contributions have been paid and service for which required contributions would have been paid in absence of the limit prescribed by Section 401(a)(17) of Title 26 of the United States Code as described in Section 22317.5.(b) "Credited service" for members who are subject to the California Public Employees' Pension Reform Act of 2013 means service for which required contributions have been paid and service for which required contributions would have been paid in absence of the limit established by subdivision (d) of Section 22119.3.(c) "Credited service" for the limited purpose of determining eligibility for benefits pursuant to Section 22134.5, 24203.5, or 24203.6 also includes up to two-tenths of one year of service granted pursuant to Section 22717.(d)(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shall become inoperative on the date determined by the board pursuant to paragraph (1), and this section shall be repealed on July 1, 2027.Amended by Stats 2024 ch 690 (AB 1997),s 10, eff. 1/1/2025.Amended by Stats 2019 ch 96 (AB 644),s 5, eff. 1/1/2020.Amended by Stats 2015 ch 123 (AB 991),s 4, eff. 1/1/2016.Amended by Stats 2014 ch 755 (SB 1220),s 9, eff. 1/1/2015.Amended by Stats 2006 ch 538 (SB 1852),s 97, eff. 1/1/2007.Amended by Stats 2004 ch 911 (SB 102),s 1, eff. 1/1/2005This section is set out more than once due to postponed, multiple, or conflicting amendments.