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County Employees Retirement Law of 1937 (CERL) - sdcera

County Employees Retirement Law of 1937 (CERL) - sdcera

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§31511.6. Transfer to plan; time for election (Ventura)<br />

General members may, within 180 days <strong>of</strong> the operative date <strong>of</strong> this article, elect to<br />

transfer to the retirement plan created by this article upon proper application executed by<br />

the member and filed with the board. Furthermore, any general member who does not elect<br />

to transfer during this 180-day period, may elect to transfer within the 30 days prior to any<br />

annual anniversary <strong>of</strong> the operative date <strong>of</strong> this article. Such a transfer is voluntary and shall be<br />

irrevocable.<br />

(Added by Stats. 1985, Ch. 1480, Sec. 1)<br />

§31511.7. Employer contribution rate; actuarial establishment (Ventura)<br />

Until the completion <strong>of</strong> the next regularly scheduled actuarial survey <strong>of</strong> the retirement<br />

system, the employer contribution rate required to finance the plan created by this article shall<br />

be established by the board, upon the recommendation <strong>of</strong> the actuary.<br />

(Added by Stats. 1985, Ch. 1480, Sec. 1)<br />

§31511.8. Cost-<strong>of</strong>-living adjustments (Ventura)<br />

The board shall before April 1 <strong>of</strong> each year determine whether there has been an<br />

increase or decrease in the cost <strong>of</strong> living as provided in this section. Notwithstanding Section<br />

31481 or any other provision <strong>of</strong> this chapter (commencing with Section 31450), every retirement<br />

allowance, optional death allowance, or annual death allowance payable to or on account <strong>of</strong><br />

any member <strong>of</strong> the plan created by this article who retires at or beyond normal retirement age<br />

or dies shall, as <strong>of</strong> April 1st <strong>of</strong> each year, be increased or decreased by a percentage <strong>of</strong> the total<br />

allowance then being received found by the board to approximate to the nearest one-half <strong>of</strong> 1<br />

percent the percentage <strong>of</strong> annual increase or decrease in the cost <strong>of</strong> living as <strong>of</strong> January 1st <strong>of</strong><br />

each year as shown by the then current Bureau <strong>of</strong> Labor Statistics Consumer Price Index for<br />

All urban Consumers for the Los Angeles-Anaheim-Long Beach area, but such changes shall<br />

not exceed 5 percent per year; however, the amount <strong>of</strong> any cost-<strong>of</strong>-living increase or decrease<br />

in any year which is not met by the maximum annual change <strong>of</strong> 5 percent in allowances shall<br />

be accumulated to be met by increases or decreases in allowances in future years; except that<br />

no decrease shall reduce the allowance below the amount being received by the member or his<br />

or her beneficiary on the effective date <strong>of</strong> the allowance. No adjustment shall be made in the<br />

retirement allowance <strong>of</strong> a member who retires prior to attaining normal retirement age until the<br />

member attains normal retirement age.<br />

(Added by Stats. 1985, Ch. 1480. Sec. 1)<br />

§31511.9. Long-term disability plan (Ventura)<br />

(a) An employer which is subject to this article shall provide disability benefits for its<br />

employees through a long-term disability plan which shall be separate from and administered<br />

separately from the retirement plans authorized by this article and all other retirement plans.<br />

(b) The long-term disability plan shall consist <strong>of</strong> a separate trust which shall be funded<br />

utilizing a level cost method and employer contributions. No employee shall be required to<br />

make any employee contribution to the long-term disability plan.<br />

(c) The board <strong>of</strong> supervisors shall contract for the resolution <strong>of</strong> the issue <strong>of</strong> disability.<br />

The board <strong>of</strong> supervisors shall establish an appeals board to which a member who is aggrieved<br />

by a decision <strong>of</strong> the administrator may appeal.<br />

(d) Any member permanently incapacitated for the performance <strong>of</strong> duty, regardless<br />

<strong>of</strong> age or years <strong>of</strong> service, shall receive disability benefits as follows: (1) for not to exceed two<br />

years; (2) for any time after the expiration <strong>of</strong> the two-year period specified in subdivision (a)<br />

Article 2.6, §31511.6. - §31511.9. 98

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