California Government Code ARTICLE 8.10 - Post-Employment Health Benefits: San Bernardino County Alternative Fund

  • Section 31699.1.
    This article shall apply to a board of retirement established in a county of the seventh class.(Added by Stats. 2009, Ch. 326, Sec. 1. (SB...
  • Section 31699.2.
    Unless the context otherwise requires, the definitions contained in this section govern the construction of this article.(a) “Board members” means the retirement system board and the...
  • Section 31699.3.
    The purpose of this article is to allow the retirement system board to establish a postemployment health benefits fund for public agencies that would enable...
  • Section 31699.4.
    (a) (1) The retirement system board may establish, by resolution, a postemployment health benefits fund for the collective investment of assets held in trust solely for the...
  • Section 31699.5.
    The investment of the assets in the postemployment health benefits fund shall be subject to the fiduciary standards governing investments under Section 17 of Article...
  • Section 31699.6.
    (a) The postemployment health benefits fund board shall determine the investments of the postemployment health benefits fund and may delegate this function to the extent consistent...
  • Section 31699.7.
    (a) The postemployment health benefits fund board shall establish the terms and conditions for a public agency and its trust fund to participate in the postemployment...
  • Section 31699.8.
    (a) The sole function of the postemployment health benefits fund shall be to invest assets of participating public agencies and their trust funds that are held...
  • Section 31699.9.
    (a) Expenses of administration of this article shall be allocated by the retirement system board, in its discretion and on a reasonable basis, among the postemployment...
  • Section 31699.10.a.
    The postemployment health benefits fund board shall act as a separate governing board of the postemployment health benefits fund, with separate rules, regulations, and bylaws,...

Last modified: October 22, 2018