Notwithstanding Section 20816, surplus funds credited to the patrol member category shall be used to reduce the state employer contribution to this system. Surplus funds in the patrol member category may also be used to reduce the member contributions required by Section 20677.8, under the terms of a memorandum of understanding reached pursuant to Section 3517.5.
Cal. Gov. Code § 20820
Employer Contributions
Known as the Public Employees’ Retirement Law
The act spans §§ 20000–21716 (1,037 sections).
Amended by Stats. 2011, Ch. 440, Sec. 5
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.