§ 21092

Amended by Stats. 2013, Ch. 526, Sec. 22. (SB 220) Effective January 1, 2014.
(a)The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting agency may pay all or a portion of the member’s normal contributions, pursuant to Section 20691.
(b)Notwithstanding subdivision (a), a new member, as defined in Section 7522.04, shall have a contribution rate of at least 50 percent of the normal cost, pursuant to Section 7522.30.

Other sections in Article 3 - Second Tier Retirement—Contracting Agencies

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