Amended by Stats. 2013, Ch. 755, Sec. 4. (SB 277) Effective January 1, 2014.
“Account” means the account maintained with respect to the participant that reflects the aggregate value of the following amounts credited to the participant:
(a)Employee after-tax contributions to the plan.
(b)Net earnings of the Supplemental Contributions Program allocable to the participant.
(c)Any amount credited to the participant’s account by reason of a transfer or a rollover from another plan or arrangement in accordance with applicable laws.
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