Government Code § 31592

ARTICLE 5. Financial Provisions

Current as of September 28, 2026Gov. Code, § 31592Official source ↗

Amended by Stats. 1977, Ch. 202.

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.