Source: http://leginfo.legislature.ca.gov/faces/billCompareClient.xhtml?bill_id=199920000SB1074&showamends=false
Timestamp: 2020-08-07 10:13:48
Document Index: 332342171

Matched Legal Cases: ['art 14', 'art 14', 'art 14', 'art 14', 'art 14', 'art 14', 'art 14', 'art 14', 'art 14']

(a) “Creditable compensation” means the following remuneration that is paid salary and other remuneration payable in cash by an employer to all persons in the same class of employees for performing creditable service in that position: a member for creditable service. Creditable compensation shall include:
(1) (3) Remuneration that is Money paid for the use of sick leave, vacation leave, or an employer-approved compensated leave of absence, member’s absence from performance of creditable service as approved by the employer, except as provided in paragraph (4) (7) of subdivision (d). (b).
(3) (5) Amounts that are deducted from a member’s remuneration, including, but not limited to, deducted by an employer from the member’s salary, including deductions for participation in a deferred compensation plan; deductions to for the purchase an of annuity contract, contracts, tax-deferred retirement plan, plans, or other insurance program; and contributions to programs; and deductions for participation in a plan that meets the requirements of Section 125, 401(a), 401(k), 403(b), 457(b), or 457(f) 403(b) of Title 26 of the United States Code.
(4) (8) Any other payments the board determines to be “creditable compensation.”
(c) Any creditable compensation determined by the system to have been paid to enhance a member’s benefits shall not be credited under the Defined Benefit Program. Contributions on that compensation shall be credited to the Defined Benefit Supplement Program. A presumption by the system that creditable compensation was paid to enhance a member’s benefits may be rebutted by the member or by the employer on behalf of the member. Upon receipt of sufficient evidence to the contrary, a presumption by the system that creditable compensation was paid to enhance the member’s benefits may be reversed.
(d) (b) “Creditable compensation” does not mean and shall not include:
(e) (c) An Any employer or individual person who knowingly or willfully reports compensation in a manner inconsistent with subdivision (a), (b), or (d) (a) or (b) shall reimburse the plan for any overpayment of benefits that occurs because of that inconsistent reporting and may be subject to prosecution for fraud, theft, or embezzlement in accordance with the Penal Code. The system may establish procedures to ensure that compensation reported by an employer is in compliance with this section.
(f) For purposes of this section, remuneration shall be considered paid if distributed to any person in the same class of employees who meets the qualifications or requirements specified in a publicly available written contractual agreement, including, but not limited to, a collective bargaining agreement or an employment agreement, as a condition of receiving the remuneration.
(g) (d) This The definition of “creditable compensation” reflects sound in this section is designed in accordance with sound funding principles that support the integrity of the retirement fund. Those These principles include, but are not limited to, consistent treatment of compensation throughout a member’s career, consistent treatment of compensation among an entire class of employees, the career of the individual member, consistent treatment of compensation for the position, preventing an entire class of employees, the prevention of adverse selection, and excluding from compensation earnable remuneration that is paid to enhance a member’s benefits. The system shall determine the appropriate crediting of contributions between the Defined Benefit Program and the Defined Benefit Supplement Program according to these principles, to the extent not otherwise specified pursuant to this part. the exclusion of adjustments to, or increases in, compensation for the principal purpose of enhancing benefits.
(h) (e) The This section shall be deemed to have become operative on July 1, 2002. 1996.
(i) This section shall not apply to a member subject to the California Public Employees’ Pension Reform Act of 2013.
(a) (1) “Full time” means the days or hours of creditable service the employer requires to be performed by a class of employees in a school term year in order to earn the annualized pay rate compensation earnable as defined in Section 22104.8 22115 and specified under the terms of a collective bargaining agreement or employment agreement. For the purpose of crediting service under this part, “full time” may shall not be less than the minimum standard standards specified in this section. Each collective bargaining agreement or employment agreement that applies to a member subject to the minimum standard specified in either paragraph (5) or (6) of subdivision (c) shall specify the number of hours of creditable service that equals “full time” pursuant to this section for each class of employee subject to either paragraph and make specific reference to this section, and the district shall submit a copy of the agreement to the system.
(a) (1) Any person employed to perform creditable service on a part-time basis who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education shall become a member as of the first day of subsequent employment to perform creditable service on a part-time basis for 50 percent or more of the time the employer requires for the full-time position shall become a member as of the first day of employment, full-time equivalent for the position, unless excluded from membership pursuant to Section 22601.
(2) (b) Creditable service in more than one position shall not be aggregated for the purpose of determining mandatory membership under this subdivision. This section shall apply to persons who perform service subject to coverage under this part and to persons who are employed by employers who provide benefits for their employees under Part 14 (commencing with Section 26000).
(b) (c) Any person who is not already a member of the Defined Benefit Program and who is employed by a community college district to perform creditable service shall become a member as of the first day of employment, unless excluded from membership pursuant to Section 22601 or subdivision (b) of Section 22601.5. This section shall be deemed to have become operative on July 1, 1996.
(a) Any person employed to perform creditable service as a substitute teacher who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a substitute basis shall become a member as of the first day of the pay period following the pay period in which the person performs the person’s 100th complete day performed 100 or more complete days of creditable service during a the school year for in one school district district, community college district, or county office of education, superintendent’s office, unless excluded from membership pursuant to Section 22601.
(b) This section does shall not apply to creditable service performed for an employer that provides the Cash Balance Benefit Program persons who are employed by employers who provide benefits for their employees under Part 14 (commencing with Section 26000).
(a) Any person employed to perform creditable service on a part-time basis who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a part-time hourly basis shall become a member as of the first day of the pay period following the pay period in which the person performs 60 or more performed at least 60 hours of creditable service for one school district or county office of education, service, if employed on an hourly basis, or 10 days of creditable service, if employed on a daily basis, during the school year, in one school district, community college district, or county superintendent’s office, unless excluded from membership pursuant to Section 22601.
(c) (b) This section does shall not apply to creditable service performed for an employer that provides the Cash Balance Benefit Program persons who are employed by employers who provide benefits for their employees under Part 14 (commencing with Section 26000).
(a) Any person employed to perform creditable service who is not already a member of in the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a part-time basis for whose basis of employment is less than 50 percent of the time the employer requires full-time equivalent for the full-time position is excluded from mandatory membership in the Defined Benefit Program.
(c) (b) Creditable service performed by a person who is excluded from mandatory membership in the Defined Benefit Program pursuant to this section shall be This section shall apply to persons who perform service subject to coverage by the Cash Balance Benefit Program pursuant to Section 26400 if the employer provides the Cash Balance Benefit Program under this part and to persons who are employed by employers who provide benefits for their employees under Part 14 (commencing with Section 26000).
(a) Any person employed to perform creditable service as a substitute teacher who is not already a member of in the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a substitute basis and performs less than 100 complete days of creditable service during a school year for one school district or county office of education in one school district, community college district, or county superintendent’s office during the school year is excluded from mandatory membership in the Defined Benefit Program. This subdivision shall only apply to persons who are employed to perform creditable service by an employer that does not provide the Cash Balance Benefit Program under Part 14 (commencing with Section 26000).
(b) Any person who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a substitute basis is excluded from mandatory membership in the Defined Benefit Program, and creditable service performed shall be subject to coverage by the Cash Balance Benefit Program pursuant to Section 26400 if employed by an employer that provides the Cash Balance Benefit Program This section shall not apply to persons who perform service for employers who provide benefits for their employees under Part 14 (commencing with Section 26000).
(a) Any person who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education employed to perform creditable service on a part-time hourly basis basis who is not already a member in the Defined Benefit Program and who performs less than 60 hours of creditable service in a pay period for one school district or county office of education is excluded from mandatory membership in the Defined Benefit Program. This subdivision shall only apply to persons who are employed to perform creditable service by an employer that does not provide the Cash Balance Benefit Program under Part 14 (commencing with Section 26000). if employed on an hourly basis, or less than 10 days of creditable service in a pay period if employed on a daily basis, during the school year in one school district, community college district, or county superintendent’s office is excluded from mandatory membership in the Defined Benefit Program.
(b) Any person who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a part-time daily basis and who performs less than 10 days of creditable service in a pay period for one school district or county office of education is excluded from mandatory membership in the Defined Benefit Program. This subdivision shall only This section shall not apply to persons who are employed to perform creditable service by an employer that does not provide the Cash Balance Benefit Program by employers who provide benefits for their employees under Part 14 (commencing with Section 26000).
(c) Any person who is not already a member of the Defined Benefit Program and who is employed by a school district or county office of education to perform creditable service on a part-time hourly or part-time daily basis is excluded from mandatory membership in the Defined Benefit Program, and any creditable service performed shall be subject to coverage by the Cash Balance Benefit Program pursuant to Section 26400 if employed by an employer that provides the Cash Balance Benefit Program under Part 14 (commencing with Section 26000). The amendments to this section enacted during the 1995–96 Regular Session shall be deemed to have become operative on July 1, 1996.
(e) Benefits calculated pursuant to this section shall not take into consideration the benefit comparison described in Section 24203.8.