California Statutes

§ 31770.3. — 31770.3. (Added by Stats. 2003, Ch. 897, 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. 11.5. ARTICLE 11.5. Deferred Retirement Option Program
(a)This article, or selected provisions of this article, shall become effective in any county or district only when the county board of supervisors or governing board of the district adopts an ordinance or resolution providing for that implementation. The board of supervisors or governing board may not adopt that ordinance or resolution, and this article, or selected portions of this article, may not become effective in the county or district unless and until the actuarial analysis described in Section 31770.4 has been completed and has determined that the program, as proposed to be adopted by the county or district, will be cost neutral and agreed to in a collective bargaining agreement.
(b)Based on the actuarial analysis, the requirement of cost neutrality, and the collective bargaini

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California § 31770.3. (31770.3. (Added by Stats. 2003, Ch. 897, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2003, Ch. 897, Sec. 1. Effective January 1, 2004.

Nearby Sections

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