CHAPTER 4.5. Volunteer Firefighters Length of Service Award Act

Chapter 4.5 repealed (in Sec. 3) and added by Stats. 2007, Ch. 651, Sec. 2.

§§ 50950–50979 · 30 sections

1. ARTICLE 1. General Provisions §§ 50950–50952 · 3 sections

   • § 50950 The Legislature finds and declares all of the following: (a) The Volunteer Firefighters Length of Service Award System is not a retirement system but an…
   • § 50951 (a) This chapter establishes the Volunteer Firefighters Length of Service Award System and may be cited as the Volunteer Firefighters Length of Service Award…
   • § 50952 For the purposes of this chapter, unless the context otherwise requires, the definitions set forth below shall mean the following: (a) “Actuarial interest…
2. ARTICLE 2. Administration, Award System, and Membership §§ 50953–50957 · 5 sections

   • § 50953 (a) The award system shall be administered by the board and the board shall comply with the following requirements: (1) The board shall maintain a plan as…
   • § 50954 (a) The board shall adopt rules and regulations to administer the award system, including, but not limited to, all of the following: (1) Eligibility…
   • § 50955 (a) The board shall, from time to time, determine and fix the annual interest rate and actuarial interest rate. (b) The board shall keep in convenient form the…
   • § 50956 (a) On the basis of investigation and valuation, the board shall adopt the mortality, service, and other tables as it deems necessary, and shall make changes…
   • § 50957 The custodian of the fund shall be subject to the exclusive control of the board to administer and invest the assets of the fund. The assets in the fund shall…
3. ARTICLE 3. Service Credit and Contributions §§ 50958–50963 · 6 sections

   • § 50958 Only members may accumulate service credit in the award system. A volunteer becomes a member when he or she satisfies the minimum requirements for membership,…
   • § 50959 (a) The award system shall be funded by contributions paid by contracting departments and income from the fund. The award system is a noncontributory system,…
   • § 50960 (a) Only those volunteers who have been certified by their contracting department as having satisfactorily completed a service year shall be credited with…
   • § 50961 (a) The governing body of each contracting department shall establish a qualifications review commission that shall include the fire chief, one member of the…
   • § 50962 When the member’s application for an award is received by the board, an award shall be granted to accrue and become effective pursuant to the terms,…
   • § 50963 The board shall determine the terms, conditions, and eligibility requirements for all of the following: (a) The amount of an award payable under the award…
4. ARTICLE 4. Contract Provisions §§ 50964–50971 · 8 sections

   • § 50964 (a) Except as described in subdivision (b), a department may participate in and make all of its volunteers members of the award system by a contract entered…
   • § 50965 When the governing body of a department desires to consider participation in the award system, the governing body shall ask the board for a quotation of the…
   • § 50966 An employee organization, recognized under the provisions of appropriate authority, may request the governing body of the department to ask the board for a…
   • § 50967 On request of the board, the department shall furnish the data concerning its volunteers as the board requires to make the necessary valuations and…
   • § 50968 The approximate contribution quoted by the board and the actual contribution to be made if a contract results shall be determined by actuarial valuations of…
   • § 50969 The approximate and actual contributions payable by a contracting department shall be similar to premiums under insurance policies. The approximate…
   • § 50970 (a) Approval of the contract by the governing body of the department shall be by resolution or by any other means permitted by law. (b) The board shall inform…
   • § 50971 Errors in a contract may be corrected through amendments approved by the adoption of suitable resolutions by the contracting parties. All contract amendments…
5. ARTICLE 5. Termination and Limitations §§ 50972–50974 · 3 sections

   • § 50972 The contract may be terminated by the governing body of a contracting department by resolution or by any other means permitted by law. All liability of the…
   • § 50973 The board may provide that an award under this chapter shall not be payable, or begin to accrue, until the board establishes, by appropriate resolution, that…
   • § 50974 Upon termination of the award system, assets in the fund shall be disbursed in the following order: (a) An amount sufficient to pay awards previously granted…
6. ARTICLE 6. Indemnity §§ 50975–50976 · 2 sections

   • § 50975 The Public Employees’ Retirement System, as a public entity, and the present, future, and former board members of the Public Employees’ Retirement System,…
   • § 50976 (a) The Board of Administration of the Public Employees’ Retirement System shall not be liable for any action or failure to act by the board of the California…
7. ARTICLE 7. Termination of the Award System by the Public Employees’ Retirement System §§ 50977–50979 · 3 sections

   • § 50977 If the transfer of the Volunteer Firefighters Length of Service Award System from the Board of Administration of the Public Employees’ Retirement System to the…
   • § 50978 For purposes of this chapter, if the Board of Administration of the Public Employees’ Retirement System transfers the data and files that are necessary to…
   • § 50979 This chapter shall become operative on March 1, 2008.