ARTICLE 3. Second Tier Retirement—Contracting Agencies

Article 3 added by Stats. 1995, Ch. 379, Sec. 2.

§§ 21090–21100 · 11 sections

• § 21090 (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…
• § 21091 (a) Contracting agencies as defined in Section 20022, some or all of whose employees are miscellaneous members included in the federal system, may amend their…
• § 21092 (a) The normal rate of contribution for a local miscellaneous member subject to this article shall be 2 percent of compensation paid the member. A contracting…
• § 21093 (a) Except as provided in subdivision (b), a local miscellaneous member subject to this article may be retired for service upon his or her written application…
• § 21094 (a) The service retirement allowance for a local miscellaneous member subject to this article shall be calculated in accordance with Section 21100. (b) “Final…
• § 21095 (a) Participation in the plan afforded by this article shall be made available to any employee who was included in the federal system and who was a member of…
• § 21096 The employer contribution rate of a contracting agency subject to this article shall be determined by the board as otherwise provided by this part.
• § 21097 (a) The monthly allowances payable to members based on service subject to this article shall be annually adjusted pursuant to Section 21329. (b) The percentage…
• § 21098 The disability retirement pension for local miscellaneous service subject to this article shall be one of the following: (a) Ninety percent of the factor…
• § 21099 This article shall not apply to a contracting agency nor its employees until, first, it is agreed to in a written memorandum of understanding entered into by…
• § 21100 (a) The service retirement allowance for a local miscellaneous member who is subject to this article is a pension derived from the contributions of the…