Gov. Code, § 31699.3 · Article 8.10. Post-Employment Health Benefits: San Bernardino County Alternative Fund
Gov. Code, § 31699.3
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The purpose of this article is to allow the retirement system board to establish a postemployment health benefits fund for public agencies that would enable the agencies to do all of the following:
(a) Combine for investment the assets that the agencies set aside to provide for retiree health benefits.
(b) Take advantage of economies of scale.
(c) Use existing investment expertise to reduce the cost of funding for retiree health benefits and increase the security of public retirees and their dependents in those benefits.
Notes and commentary — not statutory text
History
Added by Stats. 2009, Ch. 326, Sec. 1. (SB 11) Effective January 1, 2010.
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=31699.3.
- Text hash
- sha256 3597ce3692d6a32661a8f61ee6e48ddcf9d084e071e18e704e1c1f2d18e05a36
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.