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Legal Resources | Education Code |  EC  22402  

Earned interest   

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Earned interest on plan assets with respect to the Defined Benefit Program that is not credited to member accounts under the Defined Benefit Program and the plan's other income with respect to the Defined Benefit Program shall be allocated to provide benefits payable under the Defined Benefit Program.

(Amended by Stats 2000, Ch. 1025, Sec. 16)