reglab/housing_qa huggingface dataset:
CA Govt Code § 20199 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20199.

20199.  The board shall establish a building account for the transfer of money that is continuously appropriated for that purpose from the retirement fund for the cost of the acquisition of real property, the construction or remodeling of buildings and improvements thereon, the maintenance, repair, and improvement thereof, and for other necessary operational expenses.For accounting purposes the board shall pay to the building account an amount sufficient to repay all costs for construction and maintenance of space used by the board. Other amounts or contributions received shall be deposited in the building account and disbursed as provided in this section.The board may contract with the Department of General Services for the purchase of insurance against loss of, or damage to, the property or the loss of use or occupancy of the building, liability insurance and other insurance as is customarily carried on state office buildings. Premiums for the insurance shall be paid from the building account.Money in the building account that is in excess of current needs shall be paid into the retirement fund monthly. The land, building, equipment, and improvements thereon, shall constitute an asset in the retirement fund and shall be carried on the books thereof as such in accordance with generally accepted accounting practices.(Amended by Stats. 2012, Ch. 833, Sec. 3. (SB 987) Effective January 1, 2013.)
CA Govt Code § 20200 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20200.

20200.  (a) Notwithstanding any other provision of law, the board may establish a program utilizing the retirement fund to assist system members, through financing, to obtain homes throughout the United States.(b) For the purpose of this section, the term “member” means any person who is receiving, or is entitled to receive, a retirement allowance funded by this system, the Legislators’ Retirement System, the Judges’ Retirement System, or the Judges’ Retirement System II, notwithstanding any vesting requirement and without regard to present eligibility to retire.(c) The board shall adopt regulations governing the program that shall, among other things, provide:(1) That home loans be made available to members for the purchase of single-family dwellings, two-family dwellings, three-family dwellings, four-family dwellings, single-family cooperative apartments, and single-family condominiums.(2) That private lending institutions throughout the United States shall originate and service its home loans pursuant to agreements entered into between those institutions and the board.(3) That the recipients of the loans occupy the homes as their permanent residences in accord with rules and regulations established by the board.(4) That its home loans shall be available only for the purchase or refinancing of homes throughout the United States and that under no condition shall a member have more than one outstanding loan.(5) That the amount and length of the loans shall be pursuant to a schedule periodically established by the board that shall provide a loan-to-value ratio of no greater than the following:(A) One hundred percent for the first loan for a single-family dwelling, single-family cooperative apartment, or single-family condominium.(B) Ninety-five percent for the first loan on a two-family dwelling.(C) Ninety percent for the first loan on a three-family dwelling or four-family dwelling.The portion of any loan exceeding 80 percent of value shall be insured by an admitted mortgage guaranty insurer conforming to Chapter 2A (commencing with Section 12640.01) of Part 6 of Division 2 of the Insurance Code, in an amount so that the unguaranteed portion of the loan does not exceed 75 percent of the market value of the property together with improvements thereon.(6) That there may be prepayment penalties assessed on its loans in accordance with rules and regulations established by the board.(7) That the criteria and terms for its loans shall provide the greatest benefit to members consistent with the financial integrity of the program and the sound investment of the retirement fund.(8) Any other terms and conditions as the board shall deem appropriate.(d) This section shall be known as, and may be cited as, the Dave Elder Public Employees’ Retirement System Member Home Loan Program Act.(Amended by Stats. 2003, Ch. 97, Sec. 1. Effective January 1, 2004.)
CA Govt Code § 20202 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20202.

20202.  The board may, subject to and consistent with its fiduciary duty, establish a program utilizing the retirement fund to assist currently employed members and annuitants who are victims of a natural disaster to obtain loans from the retirement fund for the sole purpose of repairing or rebuilding their homes which have been damaged by a natural disaster. In order to qualify for a loan the home of the member or annuitant shall have been damaged by a natural disaster and the home shall have been in an area that has been declared a disaster area in a proclamation of the Governor of a state of emergency affecting the area in which the member or annuitant resides.The board may lend any amount of money, up to and including 100 percent of the costs of repairing or rebuilding a home of a member or annuitant. However, 5 percent of the loan shall be secured by the contributions of the member who requests the loan.The board may, under conditions it may deem prudent, require that a member or annuitant pledge other assets as collateral for a loan.The board shall establish terms for the termination of loans made pursuant to this section upon the separation of members from service, to ensure, in the case of any default, that this system shall not suffer any loss, and to provide, as a condition of retirement, for alternative security. The board may impose other terms and conditions as the board may determine appropriate.The Legislature hereby reserves full power and authority to change, revise, limit, expand, or repeal the loan program authorized by this section.(Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20203 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20203.

20203.  Notwithstanding any other law, the board may enter into security loan agreements with respect to securities in which the board is authorized by law to invest subject to all of the following conditions:(a) The borrower shall provide the board with collateral in the form of cash, United States government debt securities, debt obligations issued by United States government agencies, and United States government-sponsored enterprises, marketable public equity securities, or marketable international government bonds, provided that the amount of collateral shall be at least 102 percent of the market value of the loaned securities or an amount consistent with market practice, whichever is greater.(b) The board shall maintain policies and procedures designed to administer the loan agreements consistent with Section 17 of Article XVI of the California Constitution.(c) The board shall revalue the collateral to current market value on each business day or as frequently as industry practices require.(d) The total market value of the loaned securities collateralized by marketable public equities and marketable international government bonds shall not exceed 25 percent of the assets of the retirement fund.(Amended by Stats. 2017, Ch. 198, Sec. 1. (AB 679) Effective January 1, 2018.)
CA Govt Code § 20206 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20206.

20206.  The board shall employ investment counsel on its staff or on a consulting basis or trust companies or trust departments of bands to render service in connection with the board’s investment program.Whenever the board elects to contract with outside firms for investment counseling services it shall obtain proposals from all interested firms and conduct a public meeting at which a consultant or consultants shall be selected by the board. At least once in each three-year period after the prior selection, a consultant or consultants shall be obtained by the same procedure upon submission of new proposals.(Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20207 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20207.

20207.  (a) The Legislature finds and declares that changing economic conditions and increasing complexity in the investment market make it necessary and desirable that this system obtain the best possible investment expertise.(b) It is the intent of the Legislature that the board secure investment advisers with the composite expertise necessary for the investment of the retirement fund portfolio.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20208 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20208.

20208.  Upon a finding by the board that necessary investment expertise is not available within existing civil service classifications, and with the approval of the State Personnel Board, the board may contract with qualified investment personnel having demonstrated expertise in the management of large and diverse investment portfolios to render service in connection with the investment program of the board.The board shall report to the Governor, the Legislature, and the Joint Legislative Budget Committee on the nature, duration, and cost of investment contract services used. The report shall be submitted annually in April.(Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20209 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20209.

20209.  The board shall, pursuant to the state civil service statutes, either contract with, or establish and fill a full-time position for, a person who is experienced and knowledgeable in corporate management issues to monitor each corporation any of whose shares are owned by this system and to advise the board on the voting of the shares owned by this system and on the responses of this system to merger proposals and tender offers.Notwithstanding Section 13340, there is hereby continuously appropriated, without regard to fiscal years, from the retirement fund, an amount sufficient to pay all costs arising from this section.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20210 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 6 - Investments|Section 20210.

20210.  Notwithstanding any other provision of law, the board shall, by contract, retain not less than two separate individual investment advisers. There is hereby appropriated, without regard to fiscal year, from the retirement fund, an amount sufficient to pay all costs arising from this section.No costs arising from this section shall be paid from the General Fund.(Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20220 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20220.

20220.  The board shall, on the request of a board of retirement of a county retirement system supply information and data necessary for administration of that system as it is affected by membership in and service credited under this system.(Amended by Stats. 1996, Ch. 906, Sec. 14. Effective January 1, 1997.)
CA Govt Code § 20221 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20221.

20221.  Each state agency, school employer, and the chief administrative officer of a contracting agency or any other person who its governing body may designate shall furnish all of the following:(a) Immediate notice to the board, in the manner prescribed by the system, of the change in status of any member resulting from transfer, promotion, leave of absence, resignation, reinstatement, dismissal, or death.(b) Any additional information concerning any member that the board may require in the administration of this system.(c) The services of its officer and departments that the board may request in connection with claims by members against this system.(Amended by Stats. 2009, Ch. 130, Sec. 15. (AB 966) Effective January 1, 2010.)
CA Govt Code § 20221.5 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20221.5.

20221.5.  Every state agency, school employer, or contracting agency shall, upon request from the board, provide information on its employees who are not enrolled as members of the system to assist the board to carry out the administration of the system.(a) The information provided under this section shall be submitted in the manner and under the conditions prescribed by the board.(b) Nothing in this section shall be construed to supersede or diminish an employer’s responsibility to determine eligibility or to enroll its qualifying employees in membership.(c) Any information obtained under this section shall be treated as confidential by the system, under the same terms and conditions that apply to information that is confidential pursuant to Section 20230.(Added by Stats. 2008, Ch. 261, Sec. 1. Effective January 1, 2009.)
CA Govt Code § 20222 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20222.

20222.  The comptroller of the university, or any other official who the university may designate, shall furnish monthly reports to the board showing changes in the status of all members employed by the university during the preceding month, and shall furnish any additional information concerning any members that the board may require in the administration of this system.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20222.5 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20222.5.

20222.5.  (a) The board may, during the course of an audit, require each state employer, school employer, including each school district represented by a school employer, and contracting agency, to provide information or make available for examination or copying at a specified time and place, or both, books, papers, any data, or any records, including, but not limited to, personnel and payroll records, as deemed necessary by the board to determine eligibility for, and the correctness of, retirement benefits, reportable compensation, enrollment in, and reinstatement to this system.(b) Before initiating an audit, the board shall notify the subject of the audit of the estimated time required to complete the audit. The estimate shall be based upon various factors, including, but not limited to, the following:(1) The number of employees.(2) Employment classifications.(3) Benefits.(4) Contract provisions.(5) Geographical location.(6) Time required for audits of comparable entities.(7) Additional time factors raised by the subject of the audit.(c) If an audit requires an excess of the time estimated, the board may assess a reasonable charge upon the employer to recover additional costs incurred for the excess time to complete the audit. A contracting agency shall not be assessed for delays during the course of an audit that are reasonably outside of the agency’s control.(d) The information obtained from an employer under this section shall remain confidential pursuant to Section 20230.(Amended by Stats. 2015, Ch. 244, Sec. 2. (SB 216) Effective January 1, 2016.)
CA Govt Code § 20223 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20223.

20223.  Each employee shall file with the board information affecting his or her status as a member as the board may require.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20224 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20224.

20224.  If it is impracticable for the board to determine from the records the length of service, compensation, or age of any member, or if any member refuses or fails to give the board a statement of his or her state service, compensation, or age, the board may estimate the length of service, compensation, or age.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20225 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20225.

20225.  (a) In addition to other records and accounts, the board shall keep records and accounts necessary to compute at any time:(1) The total accumulated contributions of members.(2) The total accumulated contributions of retired members and of deceased members, to or on account of whom payments involving life contingencies are paid, less the annuity payments made to the members.(3) The accumulated contributions of the state, school employers, and of contracting agencies held for the benefit of members on account of current service.(4) All other accumulated contributions of the state, school employers, and of contracting agencies, which shall include the amounts available to meet the obligation of the state, school employers, and of the contracting agencies, respectively, on account of benefits that have been granted to, or on account of, retired and deceased employees and on account of prior service of members.(b) For the purposes of this section, all employers subject to Chapter 9 (commencing with Section 20790) shall be deemed to be a single account with respect to their local miscellaneous members, all other employers not subject to Chapter 9 shall be deemed to be a single account with respect to their local miscellaneous members, all employers of local safety members shall be deemed to be a single account with respect to those local safety members, and all employers of school members shall be deemed to be a single account with respect to those school members.However, the purposes of this section shall be construed in conformity with the individual employer contribution rates established pursuant to Section 20815.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20226 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20226.

20226.  The records and accounts required under Section 20225 shall not include the contributions made by the state or contracting agencies with respect to the survivor allowances provided for in Article 3 (commencing with Section 21570) of Chapter 14. The board shall keep additional records and accounts with respect to those contributions as will show at any time the accumulated contributions of the state and of contracting agencies held to meet the obligation of the state and of the contracting agencies, respectively, on account of survivor allowances.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20227 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20227.

20227.  The actuary shall cause to be published, as of the date of the investigation and valuation made pursuant to Section 20131, a financial statement showing an actuarial valuation of the assets and liabilities of this system and a statement as to the accumulated cash and securities in the retirement fund as certified by the Controller. The actuary may omit from the statement, which shall be published as of July 1 of every other year, assets and liabilities resulting from prior service, and shall include assets and liabilities on account of current service in amounts equal only to accumulated contributions held on account of that service.(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)
CA Govt Code § 20228 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 5 - PERSONNEL|PART 3 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM|CHAPTER 2 - Administration of System|ARTICLE 7 - Records and Reports|Section 20228.

20228.  The board shall annually employ a certified public accountant, who is not in public employment, to audit the financial statements of this system. The costs of the audit shall be paid from the income of the retirement fund. The audit shall be made annually. The board shall file a copy of the audit report with the Governor, the Secretary of the Senate, and the Chief Clerk of the Assembly.The board, for purposes of Section 7504, may file internally prepared financial statements with the Controller within six months of the end of the fiscal year, and shall file independently audited financial statements as soon as they are available.The annual audits of the financial statements of the system shall not be duplicated by the Department of Finance or the State Auditor.This section does not affect the ability of the State Auditor or the Department of Finance to conduct other types of audits of the system as otherwise authorized by statute. This system shall be exempt from a pro rata general administrative charge for auditing.(Amended by Stats. 2010, Ch. 639, Sec. 3. (SB 1139) Effective January 1, 2011.)