§ 22970.19

California Government Code · 2026-10 edition · updated 2026-10-04 · California

“Net earnings” means the income earned, or losses incurred, after asset management fees, on the applicable investment fund options offered under the Supplemental Contributions Program, less the costs of administering the plan.

(Amended by Stats. 2013, Ch. 755, Sec. 5. (SB 277) Effective January 1, 2014.)

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California Government Code

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