County Employees Retirement Law of 1937 (CERL) - sdcera

§31765.3. Amount of survivor allowance paid on or after operative date of this section
pursuant to Section 31765.1 on account of member who dies before operative date of
this section; application and operative effect (Los Angeles)
(a) Notwithstanding Section 31765.1, each survivor allowance paid on or after the
operative date of this section pursuant to Section 31765.1 on account of a member who dies
before the operative date of this section shall be equal to 65 percent of the monthly retirement
allowance to which the deceased member would have been entitled if he or she had retired
on the date of death with a retirement allowance not modified in accordance with one of the
optional settlements specified in this article, as adjusted for the net cost-of-living percentage
increase, if any, awarded to that survivor prior to the operative date of this section.
(b) This section shall only be applicable to Los Angeles County and shall not become
operative until the board of supervisors of that county elects, by resolution adopted by a
majority vote, to make this section operative in the county.
(Added by Stats. 2001, Ch. 778 (A.B. 399), Sec. 12, Effective October 13, 2001, as an
urgency statute)
§31768. Increase of amounts payable under Sections 31760.1, 31760.2, and 31765.1; authority
of board; application to counties of the first class (Los Angeles)
Notwithstanding any other provision of this chapter to the contrary, the board may, by
a resolution adopted, pursuant to both this section and Section 31792, by a majority vote and
with respect only to persons who first become members on or after the effective date of the
resolution, elect to increase, by 33 percent, the amounts payable pursuant to any one or more of
Sections 31760.1, 31760.2, and 31765.1.
This section shall apply only to a county of the first class, as defined by Section 28020, as
amended by Chapter 1204 of the Statutes of 1971, and Section 28022, as amended by Chapter 43
of the Statutes of 1961.
(Added by Stats. 1993, Ch. 286, Sec. 1)
Article 11.5
Deferred Retirement Option Program
(Article 11.5 added by Stats. 2003, Ch. 897 (S.B. 274), Sec. 1)
§31770. Short title
This article shall be known and may be cited as the “Deferred Retirement Option
Program.”
(Added by Stats. 2003, Ch. 897 (S.B. 274), Sec. 1)
§31770.1. Creation of program; conformance with federal law; severability
(a) The Deferred Retirement Option Program is hereby created to provide eligible
members who elect to participate in the program access to a lump sum, or in some cases,
additional monthly payments for a specified period in addition to a monthly retirement
allowance.
(b) The design and administration of the Deferred Retirement Option Program shall
conform to the applicable provisions of Title 26 of the United States Code and the Revenue and
Taxation Code.
(c) If any provision of this article or application thereof to any person or circumstance
is held invalid, that invalidity will not affect other provisions or applications of this article that
Article 11, §31765.3. - Article 11.5, §31770.1. 288