reglab/housing_qa huggingface dataset:
CA Govt Code § 31603 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5 - Financial Provisions|Section 31603.

31603.  The board of retirement or the board of investments, as applicable, may obtain a loan and pledge a portion of the assets of the retirement fund as security for the repayment of the loan if the board finds all of the following:(a) An emergency exists affecting the national banking system or financial markets.(b) The emergency prevents the association from readily accessing its funds.(c) The loan is necessary to promptly deliver benefits when due.The assets of the retirement fund pledged as security for the loan shall be subject to execution and other processes of the court only in connection with a proceeding to enforce the loan. The costs associated with securing and repaying the loan, including interest, shall be a charge against investment earnings of the fund.(Added by Stats. 2003, Ch. 520, Sec. 6. Effective January 1, 2004.)
CA Govt Code § 31607 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5 - Financial Provisions|Section 31607.

31607.  To assist in carrying out its investment powers and duties the board may employ an attorney in private practice.(Amended by Stats. 1984, Ch. 1738, Sec. 26. Effective September 30, 1984.)
CA Govt Code § 31610 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31610.

31610.  This article shall not become operative in any county unless and until it is adopted by resolution of the county board of retirement and the county board of supervisors, whereupon, the following sections shall not be operative as to that county: Sections 31453, 31529.5, 31591, 31592, 31592.2, 31592.3, and 31871.(Added by renumbering Section 31510 by Stats. 1984, Ch. 193, Sec. 54.)
CA Govt Code § 31611 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31611.

31611.  An actuarial valuation shall be made within one year after the date on which any system established under this chapter becomes effective, and thereafter at intervals not to exceed three years. The valuation shall be conducted under the supervision of an enrolled actuary and shall cover the mortality, service, and compensation experience of the members and beneficiaries, and shall evaluate the assets and liabilities of the retirement fund. Upon the basis of the investigation, valuation, and recommendation of the actuary, the board shall, at least 60 days prior to the beginning of the succeeding fiscal year, recommend to the board of supervisors such changes in the rates of interest, in the rates of contributions of members, in county and district appropriations as are necessary, and appropriate mortality tables. In making recommendations to the board of supervisors, the board shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. No adjustment shall be included in the new rates for time prior to the effective date of the revision. The cost of actuarial valuations and investigations may, in the sound discretion of the board, be charged against the earnings of the retirement fund.(Added by renumbering Section 31510.1 by Stats. 1984, Ch. 193, Sec. 55.)
CA Govt Code § 31612 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31612.

31612.  “Actuarial rate” means the interest assumption rate established by the most recent actuarial survey recommended by the board of retirement and adopted by the board of supervisors.(Added by renumbering Section 31510.2 by Stats. 1984, Ch. 193, Sec. 56.)
CA Govt Code § 31613 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31613.

31613.  “Net earnings” means the earnings of the retirement fund after accounting for any direct investment losses recognized during the year, less the amounts taken from the earnings as specified in subdivisions (a) and (b):(a) The amounts specified in Sections 31580.2, 31580.3, if applicable, subdivisions (b) and (d) of Section 31596, if applicable and Section 31611 and 31614. (b) Any reductions from earnings required by Sections 31588.1 and 31589.1, if applicable. Part or all of any amounts required by Sections 31588.1 and 31589.1 may be deducted, at the discretion of the board of retirement, from the Contingency Reserve Account as described in Section 31616.(Added by renumbering Section 31510.3 by Stats. 1984, Ch. 193, Sec. 57.)
CA Govt Code § 31614 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31614.

31614.  Notwithstanding Section 31529, the board may contract for the legal services of an attorney in private practice when the board determines, after consultation with the county counsel, that the county counsel cannot provide the board with legal services due to a conflict of interest or other compelling reason. The compensation of the attorney shall be charged against the earnings of the retirement fund or paid from the county general fund.This section shall not be operative in any county until such time as the board of supervisors shall, by resolution adopted by majority vote, make the provisions of this section applicable in such county.(Added by renumbering Section 31510.4 by Stats. 1984, Ch. 193, Sec. 58.)
CA Govt Code § 31615 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31615.

31615.  Regular interest at the actuarial rate, or at the highest rate possible if net earnings, as defined in Section 31613 are not sufficient to credit the full actuarial rate, shall be credited semiannually on June 30 and December 31 to all contributions, reserves, and accounts in the retirement fund, except the Contingency Reserve Account, which have been on deposit for six months immediately prior to those dates.Interest at the actuarial rate, compounded semiannually, shall be used in the calculation of benefits under any mortality table adopted by the board of supervisors. No interest shall be credited to a member’s account after the termination of the member’s county service, unless the member has elected, in writing, to leave his or her accumulated contributions in the retirement fund and be granted a deferred retirement allowance, or the surviving spouse of a deceased member or the legally appointed guardian of the member’s unmarried children under age 18 has elected to leave a death benefit on deposit as provided for in Section 31781.2.(Added by renumbering Section 31510.5 by Stats. 1984, Ch. 193, Sec. 59.)
CA Govt Code § 31616 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31616.

31616.  After the semiannual application of Section 31615, earnings of the retirement fund in excess of the total interest credited to contributions and reserves shall remain in the fund as a reserve against deficiencies in interest earnings, losses on investments, or payments made pursuant to Section 31588.1 or 31589.1, if applicable.These funds shall be placed in an account known hereafter as the Contingency Reserve Account. The size of this account shall be determined semiannually by the board but shall not exceed 3 percent of the total assets of the retirement fund.If, at the end of any semiannual period, the balance of the Contingency Reserve Account falls below 1 percent of system assets, the board shall, by the end of the subsequent semiannual period, provide funds from earnings of fund assets from the subsequent semiannual period, to bring the level of the Contingency Reserve Account to at least 1 percent of system assets.No funds in the Contingency Reserve Account shall be available for the payment of benefits.Net earnings remaining after the application of this section shall be applied as provided in Sections 31617, 31618, and 31619.(Added by renumbering Section 31510.6 by Stats. 1984, Ch. 193, Sec. 60.)
CA Govt Code § 31617 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31617.

31617.  In each county having an agreement prior to January 1, 1983, that a fixed part of the required Article 16.5 (commencing with Section 31870) cost-of-living contributions shall come from excess interest earnings on the fund, after the semiannual application of Sections 31615 and 31616, the balance of the net earnings, as defined in Section 31613, shall be used to pay those contributions.(Added by renumbering Section 31510.7 by Stats. 1984, Ch. 193, Sec. 61.)
CA Govt Code § 31618 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31618.

31618.  The board shall establish a Supplemental Retiree Benefit Reserve in the retirement system consisting of any amount previously in the reserve against deficiencies, which on the date of adoption of this article, exceeds 3 percent of the assets of the retirement fund, or any lesser amount, as determined by the board. In no event, however, shall the balance of the Contingency Reserve Account be reduced below 1 percent of system assets for this purpose. The Supplemental Retiree Benefit Reserve shall be used only for the benefit of retired members and beneficiaries.Commencing on the date of adoption of this article, there shall be a semiannual transfer into this reserve of 50 percent of the balance of net earnings, as defined in Section 31613, after crediting all accounts pursuant to Section 31615, rebuilding the Contingency Reserve Account pursuant to Section 31616 and paying the part of the cost-of-living contributions pursuant to Section 31617, if applicable.The distribution of the Supplemental Retiree Benefits Reserve shall be determined by the board.(Added by renumbering Section 31510.8 by Stats. 1984, Ch. 193, Sec. 62.)
CA Govt Code § 31618.5 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31618.5.

31618.5.  (a) The board shall annually transfer, from the administrative budget established pursuant to Article 5 (commencing with Section 31580), an amount sufficient to fund the administrative costs of the programs reimbursed by the Supplemental Retiree Benefits Reserve.(b) This section shall only apply to a county of the fourth class as described in Section 28020.(Added by Stats. 2010, Ch. 158, Sec. 3. (SB 1479) Effective January 1, 2011.)
CA Govt Code § 31619 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 5.5 - Alternative Financial Provisions|Section 31619.

31619.  Remaining net earnings, after the sequential application of Sections 31615 and 31616 and Section 31617, if applicable, and Section 31618 shall be credited to all contributions, reserves, and accounts in the retirement fund, except the Contingency Reserve Account, in the manner prescribed in Section 31615, except that no further interest shall be credited to the Supplemental Retiree Benefit Reserve, established pursuant to Section 31618.(Added by renumbering Section 31510.9 by Stats. 1984, Ch. 193, Sec. 63.)
CA Govt Code § 31620 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31620.

31620.  The normal rates of contribution of members shall be based on age at the nearest birthday at the time of entrance into the retirement system.Nothwithstanding any provisions of this chapter to the contrary, separate rates of contribution, allowances, or benefits for male and female members shall not be maintained or established.(Amended by Stats. 1976, Ch. 1436.)
CA Govt Code § 31620.5 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31620.5.

31620.5.  The normal rates of contribution of general and safety members subject to the California Public Employees’ Pension Reform Act of 2013 shall be determined pursuant to Section 7522.30 subject to the following exceptions:(a) The board may, but is not required to, apply the provisions of subdivision (c) of Section 7522.30 that require the initial contribution rate to be rounded to the nearest quarter of 1 percent.(b) Subdivision (d) of Section 7522.30 shall not apply to the contribution rates of members of retirement systems established pursuant to this chapter.(Added by Stats. 2013, Ch. 247, Sec. 18. (AB 1380) Effective January 1, 2014.)
CA Govt Code § 31621 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.

31621.  The normal rates of contribution except for members covered by Article 6.8 shall be such as will provide an average annuity at age 60 equal to one one-hundred-twentieth of the final compensation of members not covered by Article 6.8, according to the tables adopted by the board of supervisors, for each year of service rendered after entering the system.(Amended by Stats. 1957, Ch. 1161.)
CA Govt Code § 31621.1 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.1.

31621.1.  In counties adopting Section 31676.11 the normal rates of contribution except for members covered by Article 6.8 shall be such as will provide an average annuity at age 55 equal to 1/120 of the final compensation of members not covered by Article 6.8, according to the tables adopted by the board of supervisors for each year of service rendered after entering the system.(Added by Stats. 1967, Ch. 1155.)
CA Govt Code § 31621.2 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.2.

31621.2.  In counties adopting Section 31676.12, the normal rates of contribution, except for members covered by Article 6.8 (commencing with Section 31639) of this chapter, shall be such as will provide an average annuity at age 60 equal to one one-hundredth of the final compensation of members not covered by Article 6.8 according to tables adopted by the board of supervisors, for each year of service rendered after entering the system.(Amended by Stats. 1975, Ch. 899.)
CA Govt Code § 31621.3 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.3.

31621.3.  In counties adopting Section 31676.11, 31676.13, or 31676.14, or adopting one of such sections and then subsequently adopting another of such sections, the normal rate of contribution, except for members covered by Article 6.8 (commencing with Section 31639) of this chapter shall be such as will provide an average annuity at age 55 equal to one two-hundred-fortieth of the final compensation of members not covered by Article 6.8, according to the tables adopted by the board of supervisors, for each year of service rendered after entering the system.This section may be made applicable in such counties on the first day of the month after the board of supervisors of such county adopts, by majority vote, a resolution providing that this section shall become applicable in such county.(Amended by Stats. 1976, Ch. 1413.)
CA Govt Code § 31621.4 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.4.

31621.4.  The normal rates of contribution except for members covered by Article 6.8 shall be such as will provide an average annuity at age 60 equal to one two-hundred-fortieth of the final compensation of members not covered by Article 6.8 (commencing with Section 31639) of this chapter, according to the tables adopted by the board of supervisors, for each year of service rendered after entering the system.This section may be made applicable in such counties on the first day of the month after the board of supervisors of such county adopts, by majority vote, a resolution providing that this section shall become applicable in such county.(Added by Stats. 1974, Ch. 1379.)
CA Govt Code § 31621.5 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.5.

31621.5.  In counties adopting Section 31676.12, the normal rates of contribution, except for members covered by Article 6.8 (commencing with Section 31639) of this chapter, shall be such as will provide an annual annuity at age 60 equal to one two-hundredth of the final compensation of members not covered by Article 6.8, according to tables adopted by the board of supervisors, for each year of service rendered after entering the system.This section may be made applicable in such counties, on the first day of the month after the board of supervisors of such county adopts, by majority vote, a resolution providing that this section shall become applicable in such county. (Added by Stats. 1974, Ch. 1379.)
CA Govt Code § 31621.6 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.6.

31621.6.  In counties adopting Section 31676.15, the normal rates of contribution, except for members covered by Article 6.8 (commencing with Section 31639) of this chapter, shall be such as to provide an average annuity at age 55 equal to one one-hundredth of the final compensation of members not covered by Article 6.8, according to the tables adopted by the board of supervisors, for each year of service rendered after entering the system.(Added by Stats. 1975, Ch. 899.)
CA Govt Code § 31621.7 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.7.

31621.7.  The normal rates of contribution for members covered by Section 31751 shall be such as will provide an average annuity at age 55 equal to one-three hundredth of the member’s final compensation, according to the tables adopted by the board of supervisors, for each year of service rendered after entering the system.Until revised pursuant to Sections 31453 and 31454, the normal rate of contribution of each member is that percentage of the member’s earnable compensation, shown in the following table according to the member’s age at the time of entry into the retirement system:Age of entry Percentageinto system of contribution16  ........................ 2.9317  ........................ 2.9318  ........................ 2.9319  ........................ 2.9320  ........................ 2.9321  ........................ 2.9322  ........................ 2.9323  ........................ 2.9424  ........................ 2.9425  ........................ 2.9526  ........................ 2.9627  ........................ 2.9728  ........................ 2.9829  ........................ 3.0030  ........................ 3.0231  ........................ 3.0432  ........................ 3.0633  ........................ 3.0834  ........................ 3.1035  ........................ 3.1236  ........................ 3.1537  ........................ 3.1738  ........................ 3.2039  ........................ 3.2240  ........................ 3.2541  ........................ 3.2842  ........................ 3.3143  ........................ 3.3444  ........................ 3.3745  ........................ 3.4046  ........................ 3.4347  ........................ 3.4648  ........................ 3.5049  ........................ 3.5450  ........................ 3.5751  ........................ 3.6152  ........................ 3.6553  ........................ 3.6954 and over  ........................ 3.72(Added by Stats. 1980, Ch. 58.)
CA Govt Code § 31621.8 (2021)
2021 California Code|Government Code - GOV|TITLE 3 - GOVERNMENT OF COUNTIES|DIVISION 4 - EMPLOYEES|PART 3 - RETIREMENT SYSTEMS|CHAPTER 3 - County Employees Retirement Law of 197|ARTICLE 6 - Members Contributions|Section 31621.8.

31621.8.  In counties adopting Section 31676.17, 31676.18, or 31676.19, the normal rates of contribution, except for members covered by Article 6.8 (commencing with Section 31639), shall be rates that provide an average annuity at the age of 55 years equal to one one-hundredth of the final compensation of members not covered by Article 6.8, according to the tables adopted by the board of supervisors, for each year of service rendered after entering the system.(Added by Stats. 2001, Ch. 782, Sec. 6. Effective January 1, 2002.)