Second Tier Retirement—Contracting Agencies
Known as the Public Employees’ Retirement Law
The act spans §§ 20000–21716 (1,037 sections).
Amended by Stats. 1996, Ch. 906, Sec. 133
(a) The governing body of a contracting agency may establish a two-tiered retirement system developed by the board .
(b) It is the intent of the Legislature to make a two-tiered retirement system a matter for bargaining pursuant to provisions of law relating to employer-employee relations.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.