CHAPTER 5. Administration [22300. - 22338.]

Chapter 5 added by Stats. 1993, Ch. 893, Sec. 2.

§§ 22300–22338 · 38 sections

§ 22300 The chief executive officer is the chief administrative officer of the system. The chief executive officer may administer oaths.
§ 22301 The chief executive officer has the authority and responsibility for the administration of the system and the plan pursuant to the policies and rules adopted…
§ 22302 (a) The board shall establish an ombudsperson position to serve as an advocate for the members of the Defined Benefit Program and participants of the Cash…
§ 22302.5 The board may contract with a qualified third-party administrator for custodial, record keeping, or other administrative services necessary to carry into…
§ 22303 (a) Due to an increase in the demand for retirement counseling services, the system, notwithstanding any other provision of law, may contract with a county…
§ 22303.5 Notwithstanding any other provision of law, the board shall offer a midcareer retirement information program for the benefit of all members to enhance…
§ 22304 (a) The costs of administration of the plan shall be paid from the retirement fund and those costs may not exceed the amount made available by law during any…
§ 22305 Any rules and regulations adopted by the board for the purpose of the administration of this part and Part 14 (commencing with Section 26000), and not…
§ 22306 (a) Information filed with the system by a member, participant, or beneficiary of the plan is confidential and shall be used by the system for the sole purpose…
§ 22307 (a) The board may authorize the transfer and disbursement of funds from the retirement fund for the purpose of carrying into effect this part and Part 14…
§ 22307.5 (a) There is in the State Treasury a trust fund to be known as the Teachers’ Retirement Program Development Fund. There shall be deposited directly in that…
§ 22307.6 The board may, by resolution, direct the Controller to transfer all or a portion of the assets in the Teachers’ Retirement Program Development Fund,…
§ 22308 (a) Subject to subdivision (d), the board may, in its discretion and upon any terms it deems just, correct the errors or omissions of any member or beneficiary…
§ 22309 (a) Except as provided in subdivision (c), the system shall make available to each active and inactive member, at least annually after the close of the school…
§ 22310 (a) If a benefit or refund cannot be paid because, after a good faith effort, the member or beneficiary cannot be located, the amount payable shall be returned…
§ 22311 The board shall maintain all data necessary to perform an actuarial investigation of the demographic and economic experience of the plan and for the actuarial…
§ 22311.5 The board shall acquire the services of an actuary to do all of the following: (a) Make recommendations to the board for the adoption of actuarial assumptions…
§ 22311.7 Upon the basis of the actuarial investigation and actuarial valuation pursuant to Section 22311.5, or any part thereof, the board shall adopt by plan amendment…
§ 22311.9 (a) The board shall report to the Legislature on or before July 1, 2019, and every five years thereafter, on the fiscal health of the Defined Benefit Program…
§ 22313 (a) No adjustment shall be included in new rates of contribution adopted by the board on the basis of an investigation, valuation, and determination or because…
§ 22314 The system shall inform a member, upon retirement, that future tax liabilities may occur as the result of the pending retirement allowance.
§ 22317.5 (a) The amount of compensation that is taken into account in computing benefits payable under this part shall not exceed the following limitations: (1) For any… see note
§ 22318 (a) The initial payment to a disabled member or member retired for disability shall be paid within 45 days following the date the disability is approved, the…
§ 22319 (a) The initial payment to a member retired for service shall be issued within 45 days of either the effective date of retirement or receipt by the system of a…
§ 22320 The death benefits provided pursuant to Chapter 22 (commencing with Section 23800), Chapter 23 (commencing with Section 23850), and Chapter 24 (commencing with…
§ 22321 The system shall pay interest for delays in excess of the allowable days specified in Sections 22318 to 22320, inclusive. The interest rate for late payments…
§ 22322 The system shall report monthly to the board on all late payments.
§ 22323 The system shall report monthly to the board concerning outstanding death benefits payable that have not been paid within six months of the notification of the…
§ 22324 The board shall file an annual report with the Governor and the Legislature by March 1 of each year on all phases of its work that could affect the need for…
§ 22324.5 (a) The amendments to this part by the act adding this section during the second year of the 2023–24 Regular Session are consistent with subdivision (e) of…
§ 22325 (a) The system, at least annually, shall identify and provide resources on its website that interpret and clarify the applicability of creditable compensation…
§ 22326 (a) For the purposes of this section: (1) “Advisory letter” means a written determination issued to an employer or an exclusive representative in response to…
§ 22327 Notwithstanding any other provision of law, the Employment Development Department shall disclose to the system information in its possession relating to the…
§ 22328 (a) Upon termination of a retirement allowance or disability allowance that began to accrue on or after July 1, 1972, the person’s individual account shall be…
§ 22329 In order to provide equitable telephone assistance to all members and beneficiaries, regardless of their location in California, the system shall install a…
§ 22330 (a) The board shall provide the Legislature with an analysis of the asset and liability implications of each bill that would affect the investment strategy of…
§ 22337 (a) The requirements and procedures described in this section shall apply, to the extent that they are applicable, to the following sections: (1) Section…
§ 22338 (a) (1) This section applies to current employees of the system as a condition of their employment as well as applicants who apply to become employees of the…