Article 8.9. Vision Care of California Government Code >> Division 4. >> Title 3. >> Part 3. >> Chapter 3. >> Article 8.9.
This article shall be known and may be cited as the County
Retirement System Vision Care Program.
A member who retires from a county retirement system
covered by this chapter may enroll in a vision care program offered
pursuant to this article subject to meeting the eligibility
requirements established for the program.
Each retired member that elects to participate in the
program shall be solely responsible for the payment of premiums.
The benefits in this article are in addition to any other
benefits provided in this chapter.
The sponsor of the vision care program may contract with a
third-party administrator to provide vision care to the retired
member, his or her survivors, and his or her eligible dependents.
If the vision care program is intended to be part of the
retirement system trust fund, then the operation of the vision care
program, including, but not limited to, its funding, governance,
investment of assets, allocation of income, and payment of benefits,
shall comply with the requirements of Section 401(h) of Title 26 of
the United States Code, to the extent required by that title, and
related federal regulations. If the vision care program is intended
to be separate from and not a part of the retirement system, then no
assets attributable to that program shall be commingled for
investment, or any other purpose, with the assets of the retirement
system. Assets attributable to the program shall constitute a
separate fund with a trust that is separate from the funds and trust
of the retirement system except to the extent that the commingling of
assets for investment purposes satisfies the requirements of the
federal tax laws. The sponsor of the vision care program shall
indicate as part of the establishment of the program whether that
separate fund is intended to be a part of, or separate from, the
retirement system.