California Statutes

§ 31487. — 31487. (Added by Stats. 1981, Ch. 910, Sec. 1.)

California·Code GOV Government 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. 1.5. ARTICLE 1.5. Alternative Plan for Counties with Populations in Excess of Six Million
(a)The retirement plan created by this article shall be known as Retirement Plan E.
(b)This article shall be applicable in the retirement system of any county with a population in excess of six million, if the board of supervisors executes a memorandum of understanding with employee representatives and adopts, by majority vote, a resolution providing that the article shall be applicable.
(c)The purpose of this article is to provide an optional, noncontributory retirement plan for general members as an alternative to the provisions and benefits otherwise contained in this chapter.
(d)The retirement benefits of (1) all general members employed after the date this article is made operative and who elect the plan created by this article and (2) existing general members who transfer to

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California § 31487. (31487. (Added by Stats. 1981, Ch. 910, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1981, Ch. 910, Sec. 1. Effective September 28, 1981.
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