California Government Code ARTICLE 3 - Board of Retirement

• Section 32250.
  The management of the system is vested in a county foresters, fire wardens, and fire protection district foremen’s retirement board, consisting of five members.(Added by...
• Section 32251.
  One member of the board shall be the county treasurer, acting in an ex officio capacity.(Added by Stats. 1947, Ch. 424.)
• Section 32252.
  The second member shall be a member of the county forester and firewarden department and a member of the system. He shall be elected by...
• Section 32253.
  The third member shall be a member of the county fire protection districts personnel and a member of the system. He shall be elected by...
• Section 32254.
  If any county has all of its fire protective personnel under the jurisdiction of a single fire protection district or a series of fire protection...
• Section 32255.
  If any county has all of its fire protective personnel under the jurisdiction of a general county forester or firewarden, or both, and has no...
• Section 32256.
  The fourth and fifth members shall be qualified electors of the county who are not connected with county government in any capacity, appointed by the...
• Section 32257.
  The first persons elected or appointed as the second and fourth members shall serve for two years from the operative date, and the third and...
• Section 32258.
  The first, second, and third members of the board shall serve without compensation, but shall be reimbursed out of the funds of the county for...
• Section 32259.
  The fourth and fifth members of the board shall each receive as compensation for his services ten dollars ($10) for each meeting of the board...
• Section 32260.
  The board shall organize by choosing one of its number as chairman. Thereafter the officers shall be chosen biennially by the board.(Added by Stats. 1947,...
• Section 32261.
  The board shall meet for the transaction of business at least once every three months in each calendar year and at other times as it...
• Section 32262.
  A majority of the members may transact any business of the board provided that the second or third member is present.(Amended by Stats. 1951, Ch.
• Section 32263.
  The board may compel witnesses to attend and testify before it, upon all matters connected with the operation of this chapter, in the same manner...
• Section 32264.
  The board may appoint a secretary and provide for the payment from the fund of all its necessary expenses, including secretary hire and printing.(Added by...
• Section 32265.
  The board may make regulations not inconsistent with this chapter. The regulations shall become effective when approved by the board of supervisors.(Added by Stats. 1947,...
• Section 32266.
  The board shall report annually in January to the board of supervisors the condition of the fund and the receipts and disbursements on account of...
• Section 32267.
  The board shall annually prepare a budget of the cost of maintaining the pension fund. For this purpose it may employ an actuary to assist...
• Section 32268.
  The board shall cause an actuarial investigation and valuation of the system to be made immediately after the first year of operation and thereafter at...
• Section 32269.
  After the receipt of the recommendation the board of supervisors shall adjust the rate of interest, the rates of contributions of members, and county appropriations,...
• Section 32270.
  The board has charge and control of the funds of the system and shall administer them and shall order payments therefrom in accordance with this...
• Section 32271.
  The board shall invest and reinvest the funds of the system, and may from time to time sell and invest and reinvest the proceeds of...
• Section 32272.
  Whenever securities belonging to or held for the system are sold, the county treasurer shall deliver the securities sold upon receiving the proceeds and may...

Last modified: October 22, 2018