California Government Code ARTICLE 3 - Contracting Agency Financial Obligations

• Section 20530.
  Any cash and securities to the credit of the local system and held on account of persons who become members of this system shall be...
• Section 20530.1.
  (a) An agency whose contract provides for participation of its employees in this system may request the employees’ service, with the contracting agency, prior to the...
• Section 20531.
  (a) Shares of members in the funds of a local employer shall be credited to the respective individual accounts of the local agency members who have...
• Section 20532.
  The contracting agency shall make the contribution for its employees in this system, as recommended by the actuary and approved by the board and certified...
• Section 20533.
  The employer contribution rate adopted under this part, or because of amendments to the contract or to this part, apply to all compensation upon the...
• Section 20534.
  The board may make arrangements with any contracting agency for the payment of the prior service liability on terms that its financial condition will permit.(Added...
• Section 20535.
  The expense of determining initially the approximate and actual contributions, with respect to its employees, shall be assessed against and paid by the public agency...
• Section 20536.
  (a) The board may include each year in the contribution required of the contracting agency a reasonable amount, which may differ from agency to agency, to...
• Section 20537.
  The board may charge interest on the amount of any payment due and unpaid by a contracting agency until payment is received. Interest shall be...
• Section 20538.
  (a) All amounts due to the retirement system by a contracting agency under this part shall be paid through an electronic funds transfer method prescribed by...

Last modified: October 22, 2018