TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 5. PERSONNEL 18000-22980›PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM 20000-21716›CHAPTER 2. Administration of System 20090-20260›ARTICLE 6. Investments 20190-20210

§ 20207

California Government Code · 2020-11 edition · updated 2026-10-04 · California

(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.)

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California Government Code

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