Gov. Code, § 31587 · Article 5. Financial Provisions
Gov. Code, § 31587
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The board shall apply the contributions of the county or district to its obligations under the system in the order and amounts as follows:
First, in an amount equal during each fiscal year to the liability accruing to the county or district because of service rendered during such year and on account of service and disability pensions, in an amount determined by the actuarial valuation as interpreted by the actuary.
Second, in an amount equal during each fiscal year to the payments made from contributions by the county or district during the year for death benefits.
Third, the balance of such contributions on the liabilities accrued on account of prior service benefits.
Notes and commentary — not statutory text
History
Added by Stats. 1947, Ch. 424.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=31587.
- Text hash
- sha256 51e52f3ced4429e8ff52176fdca346d0ed75bbc2aa78e2b6612f9d664ea64e4c
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 1 provision
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Government Code
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