Section 20486 Of Article 1. General Provisions From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 5. >> Article 1.
20486
. (a) Notwithstanding Section 20484, a contracting agency that
continued the local system for members who elected to become members
of this system prospectively pursuant to Section 20504 may transfer
to this system the cash and securities to the credit of the local
system and held on account of persons who became members of this
system. The transfer of cash and securities shall be made pursuant to
Section 20530. The service credited under the local system shall be
credited under this system as prior service.
(b) This section shall not apply to the employees of any
contracting agency nor to any contracting agency unless and until the
contracting agency elects to be subject to this section by amendment
to its contract with the board, made pursuant to Section 20474.