âAccountâ means the account maintained with respect to the participant which reflects that aggregate value of the following amounts credited to the participant: (a) Employee contributions to the plan. (b) Employer contributions to the plan on behalf of the participant. (c) Net earnings of the State Peace Officersâ and Firefightersâ Defined Contribution Plan Fund allocable to the participant. (d) Any amount credited to the participantâs account by reason of a transfer from another qualified plan in accordance with applicable federal tax laws.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.