County Employees Retirement Law of 1937 (CERL) - sdcera

Article 5
Financial Provisions
(Article 5 added by Stats. 1947, Ch. 424, Sec. 1)
§31580. Annual appropriation for administrative expenses
The board of supervisors shall appropriate annually from the proper county funds the
amount necessary to defray the entire expense of administration of the retirement system based
upon budget estimates prepared by the treasurer.
(Added by Stats. 1947, Ch. 424, Sec. 1)
§31580.1. Contribution from districts; costs of administering retirement system; penalty
assessments for delinquencies
The board may include each year in the contribution required of a district a reasonable
amount, which may differ from district to district, to cover the costs of administering its
retirement system as such costs affect the active and retired employees of that district. The
board may also assess a district a reasonable amount to cover costs incurred because of the
district’s failure to submit reports and forward contributions on a timely basis.
(Added by Stats. 1972, Ch. 545, Sec. 1)
§31580.2. Annual budget; expenses of administration; charges against earnings of fund
(a) In counties in which the board of retirement, or the board of retirement and the
board of investment, have appointed personnel pursuant to Section 31522.1, 31522.5, or 31522.7,
the respective board or boards shall annually adopt a budget covering the entire expense of
administration of the retirement system which expense shall be charged against the earnings of
the retirement fund. The expense incurred in any year may not exceed the greater of either of
the following:
(1) Twenty-one hundredths of 1 percent of the accrued actuarial liability of the
retirement system.
(2) Two million dollars ($2,000,000), as adjusted annually by the amount of the annual
cost-of-living adjustment computed in accordance with Article 16.5 (commencing with Section
31870).
(b) Expenditures for computer software, computer hardware, and computer technology
consulting services in support of these computer products shall not be considered a cost of
administration of the retirement system for purposes of this section.
(Amended by Stats. 1990, Ch. 419, Sec. 5, Effective July 26, 1990, as an urgency statute)
(Amended by Stats. 2002, Ch. 74 (A.B. 1992), Sec. 4, Effective June 27, 2002, as an
urgency statute)
(Amended by Stats. 2007, Ch. 327 (A.B. 1124), Sec. 2)
(Amended by Stats. 2010, Ch. 663 (AB 609), Sec. 1)
§31580.3. (Repealed January 1, 2013) Expenditures for software, hardware, and computer
technology
(Added by Stats. 2003, Ch. 95 (A.B. 374), Sec. 1, Repealed by its own terms January 1,
2007)
(Added by Stats. 2007, Ch. 327 (A.B. 1124), Sec. 3)
(Repealed by Stats. 2010, Ch. 663 (AB 609), Sec. 2)
§31581. County contribution; rate
After the date a system becomes operative the board of supervisors shall, in the
preparation and adoption of the county budget, add to the appropriation for salaries and
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Article 5, §31580. - §31581.