Education Code § 26131
‹ § 26130§ 26132 ›Open in browserleginfo ↗26131.
“Minimum interest rate” means the annual rate determined for the plan year by the board by means of an amendment to the plan with respect to the Cash Balance Benefit Program in accordance with applicable federal laws and regulations.
(Amended by Stats. 1998, Ch. 965, Sec. 242. Effective January 1, 1999.)