County Employees Retirement Law of 1937 (CERL) - sdcera

(2) The payments shall be made either quarterly or monthly to those members and
survivors eligible for the first payment.
(3) The amount of each payment is equal to the product of a sum determined by the
board of supervisors, but not to exceed fifteen dollars ($15) times the member’s full years of
county service not exceeding 30 years.
(b) The payments made pursuant to this section and Section 31739.5 shall be made only
during the lifetimes of the members or their survivors receiving allowances and to no other
person.
(c) The payments made pursuant to this section and Section 31739.5 shall not be
considered as a part of the monthly retirement allowance, optional death allowance, or annual
death allowance, nor shall any such payments be construed as guaranteeing any similar
payments in any subsequent year.
(d) Notwithstanding subdivision (a), the payments to beneficiaries of members pursuant
to Section 31760.1, 31765.1, 31781.1, or 31785 or to beneficiaries who elected a combined benefit
pursuant to Section 31781.3 shall be 60 percent of the payments which otherwise would have
been payable under subdivision (a) to the members.
(e) Notwithstanding subdivision (a), the payments to beneficiaries of members who
elected optional settlement 3 pursuant to Section 31763 shall be 50 percent of the payments
which otherwise would have been payable under subdivision (a) to the member.
(f) This section shall not be operative in any county in any year, unless it is adopted or
readopted in any year by the board of supervisors. Any such adoption or readoption in any
particular year shall not be construed to require any adoption or readoption in any subsequent
year.
Before adoption by the board of supervisors in any year, the cost of the payments
authorized by this section and Section 31739.5 shall be determined by a qualified actuary and
the board of supervisors shall, with advice of the actuary, provide for the payment of such
cost in such manner as to fully fund the benefits on a sound actuarial basis, including use of
available funds in the reserves provided in Section 31592.2 with the approval of the retirement
board, or an increase in the employer rates of contributions, or a combination of these sources
of payments. This actuarial determination shall be made only upon authorization by the board
of supervisors.
Upon adoption by any county providing benefits pursuant to this section, of Article 5.5
(commencing with Section 31510 1 ) of this chapter, the board of retirement shall, instead, pay
those benefits from the Supplemental Retiree Benefits Reserve established pursuant to Section
31510.8. 2
(Amended by Stats. 1988, Ch. 76, Sec. 1)
1
Renumbered: see, now, Section 31610.
2
Renumbered: see, now, Section 31618.
§31682. County of thirteenth class; supplemental benefits; cost of funding; contingent
operation (Ventura)
The board of retirement of a county of the 13th class, as defined by Sections 28020 and
28034, as amended by Chapter 1204 of the Statutes of 1971, may elect to provide, by resolution,
a vested supplemental retirement benefit of one hundred eight dollars and forty-four cents
($108.44) per month to all current and future retired members and their survivors eligible for an
optional settlement or a survivors allowance under this chapter.
Prior to the adoption of a resolution by the board of retirement to provide the
supplemental retirement benefit provided for in this section, the cost of funding this
supplemental retirement benefit into perpetuity shall be determined by a qualified actuary.
Article 8, §31681.8. - §31682. 230