{"code":"GOV","codeName":"Government Code","section":"31592","citation":"Gov. Code, § 31592","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 3. GOVERNMENT OF COUNTIES [23000. - 33205.]","url":"https://blackletter.si/government-code/title-3"},{"name":"DIVISION 4. EMPLOYEES [31000. - 33017.]","url":"https://blackletter.si/government-code/title-3/division-4"},{"name":"PART 3. RETIREMENT SYSTEMS [31200. - 33017.]","url":"https://blackletter.si/government-code/title-3/division-4/part-3"},{"name":"CHAPTER 3. County Employees Retirement Law of 1937 [31450. - 31898.]","url":"https://blackletter.si/government-code/title-3/division-4/part-3/chapter-3"},{"name":"ARTICLE 5. Financial Provisions [31580. - 31607.]","url":"https://blackletter.si/government-code/title-3/division-4/part-3/chapter-3/article-5"}],"history":"Amended by Stats. 1977, Ch. 202.","effective":null,"html":"<p>Earnings of the retirement fund during any year in excess of the total interest credited to contributions and reserves during such year shall remain in the fund as a reserve against deficiencies in interest earnings in other years, losses on investments and other contingencies, except as provided in Sections <a href=\"/gov/31529.5\">31529.5</a> and <a href=\"/gov/31592.2\">31592.2</a>.</p>","text":"Earnings of the retirement fund during any year in excess of the total interest credited to contributions and reserves during such year shall remain in the fund as a reserve against deficiencies in interest earnings in other years, losses on investments and other contingencies, except as provided in Sections 31529.5 and 31592.2.","otherVersions":[],"url":"https://blackletter.si/government-code/financial-provisions-31592","source":"California Legislative Information bulk export (pubinfo)"}