Compliance with federal restrictions on interest rate crediting
Interest credited on any refund of accumulated member contributions under a defined benefit plan subject to Title 19, chapter 2, must comply with any applicable provisions of the federal Age Discrimination in Employment Act, Public Law 90-202, and any applicable U.S. treasury regulations establishing market rates of return for purposes of complying with that federal act.
| EnactedEn. SectionSec. 10, ChapterCh. 284, Laws ofL. 2009 (HB 170 - Menahan, Mike (D) HD 82) |