California Government Code

§ 20815.6

GOV § 20815.6 Effective Jan 1, 2024Div. 5 · Title 2 · Part 3 · Ch. 9

Statute text

(a)Upon request and not to exceed once every five years, the board shall, within its existing resources, perform a separate computation of the assets and liabilities as of the most recent actuarial valuation date, as determined by the actuary, for a county and a trial court that elect to separate their joint contract. Upon completion of the computation under subdivision (c), the trial court shall enter a separate contract in accordance with Chapter 5 (commencing with Section 20460) and the assets and liabilities of the trial court shall be moved to its individual contract.

(b)Each respective trial court and county described in subdivision (a) shall identify and send to the board all of the following information within 90 days of election to separate the joint contract:

(1)The starting and ending appointment dates for all active, inactive, and retired members that are considered county employees or trial court employees. The trial court and county shall jointly agree upon the following about those members:

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Legislative history

Added by Stats. 2023, Ch. 307, Sec. 4. (SB 548) Effective January 1, 2024.