It is the intent of the Legislature that contracting agencies in conjunction with recognized local employee organizations, develop alternative retirement plans that provide benefits under a defined contribution program.
Cal. Gov. Code § 20485
General Provisions
Known as the Public Employees’ Retirement Law
The act spans §§ 20000–21716 (1,037 sections).
Added by Stats. 1995, Ch. 379, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.