ARTICLE 3. Retirement Board [12361. - 12368.]

Article 3 enacted by Stats. 1951, Ch. 764.

§§ 12361–12368 · 10 sections

• § 12361 The board shall create a retirement board of not more than five members, at least two members of which shall be the elected representatives of the employees,…
• § 12362 All members of the retirement board shall serve without pay.
• § 12363 The retirement board shall determine the eligibility of officers, employees, and their dependents to participation in the system and shall be the sole…
• § 12364 If the district maintains its own retirement fund, the retirement board shall have exclusive control of the administration, investment, and disbursement of the…
• § 12365.6 In addition to such other investments that are authorized by this article, the retirement board may, in its discretion, invest the assets of the retirement…
• § 12365.7 (a) Notwithstanding any other provision of this chapter, the retirement board, or the district’s treasurer with the approval of the retirement board, may enter…
• § 12365.8 Notwithstanding any other provision of this article, the retirement system may invest in any and all investments authorized by Section 1372 of the Financial…
• § 12366 Notwithstanding Section 12364, the retirement board may contract with one or more qualified investment managers in connection with the investment program of…
• § 12367 The retirement board may authorize a trust company or a trust department of any state or national bank authorized to conduct the business of a trust company in…
• § 12368 Funds held by a district pursuant to a written agreement between the district and the employees of the district to defer a portion of the compensation…