DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 2. CIVIL SERVICE 31100-31117›CHAPTER 1. General 31200-31208›ARTICLE 2. Establishment of System 31500-31509
§ 31505
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The assets and records of a superseded system shall become the assets and records of this retirement system, but there shall be left to the superseded system not established pursuant to either Chapter 4 or Chapter 5, sufficient assets, according to tables adopted by the board of supervisors, to pay all retirement payments or annuities to persons who have been retired under the superseded retirement system.
(Amended by Stats. 1951, Ch. 1098.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code