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Education Code - EDC - EDC § 22156.08
Education Code - EDC - EDC § 22156.08
(a) “Position subject to membership” shall also include the following positions in which a member performed creditable service before the operative date of Section 22156.07 provided that the same member remains continuously employed to perform service in that position on and afte
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Education Code - EDC - EDC § 22156.1
Education Code - EDC - EDC § 22156.1
“Present value,” for purposes of Section 22718, means the amount of money needed on the effective date of retirement to reimburse the system for the actuarially determined cost of the portion of a member’s retirement allowance attributable to unused excess sick leave days. The pr
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Education Code - EDC - EDC § 22156.2
Education Code - EDC - EDC § 22156.2
“Present value factor,” for purposes of Section 22156.1, means an overall average rate based upon the demographics of members who recently retired under the Defined Benefit Program and regular interest that shall determine present value on the effective date of retirement.
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Education Code - EDC - EDC § 22156.5
Education Code - EDC - EDC § 22156.5
“Prior year’s compensation earnable” means the compensation earnable for the most recent school year in which the member earned service credit that precedes the last school year in which the member earned service credit.
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Education Code - EDC - EDC § 22157
Education Code - EDC - EDC § 22157
“Projected final compensation” means the final compensation used in computing the disability or family allowance increased by 2 percent, compounded annually to the earlier of normal retirement age or the date the disability allowance is terminated.
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Education Code - EDC - EDC § 22158
Education Code - EDC - EDC § 22158
(a) “Projected service” means the sum of credited service plus the credited service that would have been earned for the school years during which a disability allowance was payable if the member had performed creditable service during that time. (b) Projected service for a school
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Education Code - EDC - EDC § 22159
Education Code - EDC - EDC § 22159
“Proof of death” means providing to the system any evidence of death required by the system.
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Education Code - EDC - EDC § 22160
Education Code - EDC - EDC § 22160
“Provisional vesting” means the member has reached the minimum age requirement and has attained the credited service required under the Defined Benefit Program for eligibility to receive a retirement allowance, and the member is entitled to terminate employment and retire at any
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Education Code - EDC - EDC § 22160.5
Education Code - EDC - EDC § 22160.5
“Public employer” means a public employer as defined in subdivision (i) of Section 7522.04 of the Government Code.
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Education Code - EDC - EDC § 22161
Education Code - EDC - EDC § 22161
“Public school” means any day or evening elementary school, any day or evening secondary school, community college, technical school, kindergarten school, and prekindergarten school established by the Legislature, or by municipal or district authority.
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Education Code - EDC - EDC § 22161.3
Education Code - EDC - EDC § 22161.3
Qualified military service is military service as defined in Section 414(u) of Title 26 of the United States Code.
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Education Code - EDC - EDC § 22161.5
Education Code - EDC - EDC § 22161.5
“Refund” means the lump-sum return of a member’s accumulated retirement contributions under the Defined Benefit Program and does not include the balance of credits in the member’s Defined Benefit Supplement account.
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Education Code - EDC - EDC § 22162
Education Code - EDC - EDC § 22162
“Regular interest” means interest that is equal to the actuarially assumed rate of return on investments on assets of the Defined Benefit Program. The regular interest rate shall be adopted annually by the board as a plan amendment with respect to the Defined Benefit Program. Thi
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Education Code - EDC - EDC § 22162.5
Education Code - EDC - EDC § 22162.5
“Regular meeting” means a meeting of the board held in accordance with a schedule of meetings that states the dates and places of the meetings and that is adopted by the board.
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Education Code - EDC - EDC § 22163
Education Code - EDC - EDC § 22163
“Reinstatement” means the change in status with respect to the Defined Benefit Program under this part from a disabled or retired member to an active or inactive member and termination of one of the following: (a) A service retirement allowance pursuant to Section 24208. (b) A di
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Education Code - EDC - EDC § 22164
Education Code - EDC - EDC § 22164
“Replacement benefits program” means the program established pursuant to Chapter 27.5 (commencing with Section 24250) in compliance with the provisions of Section 415(m) of the Internal Revenue Code of 1986 (26 U.S.C. Sec. 415(m)) as applicable to a governmental plan, as defined
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Education Code - EDC - EDC § 22164.5
Education Code - EDC - EDC § 22164.5
(a) “Retired member activities” means one or more activities identified in subdivision (b), (c), or (d) of Section 22119.5 or subdivision (b), (c), or (d) of Section 26113 within the California public school system and performed by a member retired for service under this part as
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Education Code - EDC - EDC § 22165
Education Code - EDC - EDC § 22165
“Retirement” means termination of employment subject to coverage by the plan and a change in status from an inactive member, an active member, or a disabled member to a retired member.
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Education Code - EDC - EDC § 22166
Education Code - EDC - EDC § 22166
“Retirement allowance” means the amount payable to a retired member or an option beneficiary on a monthly basis.
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Education Code - EDC - EDC § 22166.5
Education Code - EDC - EDC § 22166.5
“Retirement benefit” means the amount payable under the Defined Benefit Supplement Program, based on the balance of credits in the member’s Defined Benefit Supplement account, to a member who has retired for service under the Defined Benefit Program.
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Education Code - EDC - EDC § 22167
Education Code - EDC - EDC § 22167
“Retirement fund” means the Teachers’ Retirement Fund.
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Education Code - EDC - EDC § 22168
Education Code - EDC - EDC § 22168
“Return on investments” means income received or receivable from the system’s investments.
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Education Code - EDC - EDC § 22168.5
Education Code - EDC - EDC § 22168.5
“School term” means a minimum period of 35 weeks beginning the first day and ending the last day creditable service is required to be performed by a member employed on a full-time basis, excluding any period that has been excluded pursuant to a publicly available written contract
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Education Code - EDC - EDC § 22169
Education Code - EDC - EDC § 22169
“School year” means the period of time beginning on July 1 of one calendar year and ending on June 30 of the following calendar year.
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Education Code - EDC - EDC § 22170
Education Code - EDC - EDC § 22170
(a) “Service” means work performed for compensation in a position subject to coverage under the Defined Benefit Program, except as otherwise specifically provided in this part, providing the contributions on compensation for that work are not credited to the Defined Benefit Suppl