California Statutes

§ 31453.5. — 31453.5. (Amended by Stats. 1983, Ch. 886, Sec. 2.)

California § 31453.5.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 3.DIVISION 4. EMPLOYEES
Part 3.PART 3. RETIREMENT SYSTEMS
Ch. 3.CHAPTER 3. County Employees Retirement Law of 1937
Art. 1.ARTICLE 1. General

This text of California § 31453.5. (31453.5. (Amended by Stats. 1983, Ch. 886, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 31453.5. (2026).

Text

Notwithstanding Section 31587, and in accordance with Section 31453 or 31510.1, the board may determine county or district contributions on the basis of a normal contribution rate which shall be computed as a level percentage of compensation which, when applied to the future compensation of the average new member entering the system, together with the required member contributions, will be sufficient to provide for the payment of all prospective benefits of such member. The portion of liability not provided by the normal contribution rate shall be amortized over a period not to exceed 30 years.

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Legislative History

Amended by Stats. 1983, Ch. 886, Sec. 2.

Nearby Sections

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California § 31453.5., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/31453.5..