California § 20812 - Notwithstanding any other provision of this part, the board may adopt a funding p
Full text of California Public Contract Code - PCC § 20812 — Notwithstanding any other provision of this part, the board may adopt a funding p, with citation guidance and answers to common questions.
§ 20812. Notwithstanding any other provision of this part, the board may adopt a funding p
Notwithstanding any other provision of this part, the board may adopt a funding period of 30 years to amortize unfunded accrued actuarial obligations for current and prior service for the purpose of determining employer contribution rates for contracting agencies and school employers. The board shall approve new amortization periods based upon requests from contracting agencies or school employers that can demonstrate a financial necessity. The board may deny a request when the request would subject the fund to an unsound financial risk. This section shall not affect the current procedure for setting the school employer rate. The board shall continue to treat the school category as a total experience pool with no requirement to establish separate rates for a school district subject to this section.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 20812
What does Public Contract Code - PCC § 20812 cover?
Section 20812 ("Notwithstanding any other provision of this part, the board may adopt a funding p") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 20812?
A common citation format is "Public Contract Code - PCC § 20812" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 20812 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.