California § 26303 - Employers shall transmit to the plan the employee contributions and employer cont
Full text of California Public Contract Code - PCC § 26303 — Employers shall transmit to the plan the employee contributions and employer cont, with citation guidance and answers to common questions.
§ 26303. Employers shall transmit to the plan the employee contributions and employer cont
(a) Employers shall transmit to the plan the employee contributions and employer contributions with respect to the Cash Balance Benefit Program for salary paid to each participant during the pay period no later than 10 working days following the last day of the pay period in which the salary was earned. (b) Payments shall be delinquent on the 11th working day thereafter, and interest shall begin to accrue at the regular interest rate from that day until payment for the contributions and interest is received in full by the system. The board, in accordance with regulations, shall collect interest for late payment from the employer under this subdivision.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 26303
What does Public Contract Code - PCC § 26303 cover?
Section 26303 ("Employers shall transmit to the plan the employee contributions and employer cont") 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 § 26303?
A common citation format is "Public Contract Code - PCC § 26303" (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 § 26303 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.