ARTICLE 11. Prefunding Plan for Health Care Coverage for Annuitants

Article 11 added by Stats. 2004, Ch. 69, Sec. 22.

§§ 22940–22944.6 · 8 sections

• § 22940 (a) There is in the State Treasury the Annuitants’ Health Care Coverage Fund that is a trust fund and a retirement fund, within the meaning of Section 17 of…
• § 22942 For purposes of this article, the following definitions shall apply: (a) “Annuitant” means any of the following: (1) An annuitant described in Section 22760.…
• § 22943 An employer authorized by the board may elect to participate in the prefunding plan established by this article.
• § 22944 The board may, in its discretion and upon terms and conditions set by the board, authorize an employer to participate in the prefunding plan established by…
• § 22944.2 (a) A contract entered into between an employer and the board pursuant to Section 22944 shall not create, change, or vest the obligations of an employer or the…
• § 22944.3 (a) Any amount that would otherwise be used to permanently increase compensation pursuant to Section 19827, effective on July 1, 2009, and on July 1, 2010,…
• § 22944.5 (a) (1) The state and employees in State Bargaining Unit 2, 7, 8, 9, 10, 13, 18, or 19 shall prefund retiree health care, with the goal of reaching a…
• § 22944.6 (a) (1) In addition to the appropriation required for state contributions to prefund retiree health care and other postemployment benefits pursuant to Section…