
"Employer contribution rate" means the percentage of salary that determines the amount the employer contributes to the Cash Balance Benefit Program with respect to each employee who is a participant.
(Amended by Stats. 1998, Ch. 965, Sec. 238.)
CSBA.org >
Services >
Governance Technology >
"Employer contribution rate" means the percentage of salary that determines the amount the employer contributes to the Cash Balance Benefit Program with respect to each employee who is a participant.
(Amended by Stats. 1998, Ch. 965, Sec. 238.)