California Government Code ARTICLE 2 - Administration, Award System, and Membership

• Section 50953.
  (a) The award system shall be administered by the board and the board shall comply with the following requirements:(1) The board shall maintain a plan as described...
• Section 50954.
  (a) The board shall adopt rules and regulations to administer the award system, including, but not limited to, all of the following:(1) Eligibility requirements for a member...
• Section 50955.
  (a) The board shall, from time to time, determine and fix the annual interest rate and actuarial interest rate.(b) The board shall keep in convenient form the...
• Section 50956.
  (a) On the basis of investigation and valuation, the board shall adopt the mortality, service, and other tables as it deems necessary, and shall make changes...
• Section 50957.
  The custodian of the fund shall be subject to the exclusive control of the board to administer and invest the assets of the fund. The...

Last modified: October 22, 2018