California Government Code

§ 31496

GOV § 31496Div. 4 · Title 3 · Part 3 · Ch. 3 · Art. 1.6

Statute text

(a)The retirement plan created by this article shall be known as Retirement Plan 3.

(b)This article shall be applicable in the retirement system of any county of the 10th class, if the board of supervisors executes a memorandum of understanding with employee representatives and adopts, by majority vote, a resolution providing that the article shall be applicable.

(c)The purpose of this article is to provide an optional, noncontributory retirement plan for general members as an alternative to the provisions and benefits otherwise contained in this chapter.

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Legislative history

Added by Stats. 1982, Ch. 1381, Sec. 1.