California § 21712 - Each participating employer shall pay an amount, not to exceed the reasonable adm
Full text of California Public Contract Code - PCC § 21712 — Each participating employer shall pay an amount, not to exceed the reasonable adm, with citation guidance and answers to common questions.
§ 21712. Each participating employer shall pay an amount, not to exceed the reasonable adm
Each participating employer shall pay an amount, not to exceed the reasonable administrative costs, as determined by the board, for administrative and asset management of the prefunding plan established by this chapter. The board shall deposit to the credit of the California Employersâ Pension Prefunding Trust Fund all amounts received by the board for those administrative and asset management costs.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 21712
What does Public Contract Code - PCC § 21712 cover?
Section 21712 ("Each participating employer shall pay an amount, not to exceed the reasonable adm") 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 § 21712?
A common citation format is "Public Contract Code - PCC § 21712" (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 § 21712 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.