TITLE 5. LOCAL AGENCIES 50001-57550›DIVISION 1. CITIES AND COUNTIES 50001-52203›PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES 50001-51298.5›CHAPTER 4. Police Officers’ Pension Fund and Firemen’s Pension Fund 50800-50927›ARTICLE 4. Contributions and Surplus 50910-50914
§ 50914
California Government Code · 2018-11 edition · updated 2026-10-04 · California
If the amount in the fund exceeds the amount required for disbursal, the excess shall be transferred to the general fund of the local agency and no longer under the control of the board. The amount required for disbursement is deemed the average amount per year disbursed during the next preceding three years.
(Added by Stats. 1949, Ch. 81.)
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