The board shall determine the amount of administrative costs and expenses of the prefunding plan to be paid to the board by each participating employer in accordance with the terms of the contract or resolution.

Note: Authority cited: Sections 22796 and 22922, Government Code. Reference: Sections 22922 and 22940, Government Code.

History

1. New section filed 1-26-2007; operative 1-26-2007 pursuant to Government Code section 11343.4 (Register 2007, No. 4).