California Legal Codes and Statutes

§ 21535

Amended by Stats. 2003, Ch. 10, Sec. 30. Effective May 14, 2003.

Notwithstanding Section 20178, for member deaths occurring on or after January 1, 1994, if the actuarial interest rate exceeds 6 percent, the accumulated contributions of a member payable pursuant to subdivision (a) of Section 21532 shall be increased by a factor determined by the board that is based on the difference between the current actuarial interest rate defined in Section 20014 and the 6 percent interest crediting rate on member contributions. If the actuarial interest rate is less than 6 percent, no increase may be provided under this section.

Cite this section

Cal. Gov. Code § 21535 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-5-personnel/part-3-public-employees-retirement-system/chapter-14-death-benefits/article-2-preretirement-death-benefits/section-21535

Other sections in Article 2 - Preretirement Death Benefits

§ 21530§ 21531§ 21532§ 21533§ 21533.5§ 21534§ 21535§ 21536§ 21537§ 21537.5…§ 21544§ 21546§ 21547§ 21547.5§ 21547.7§ 21548§ 21551§ 21552§ 21553§ 21554

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