Section 20815.5 Of Chapter 9. Employer Contributions From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 9.
20815.5
. (a) The board shall, within its existing resources,
prepare both of the following:
(1) For the joint contract of Butte County and the Butte County
trial court, a one-time separate computation of the assets and
liabilities of the Butte County trial court and those of Butte
County, as determined by the actuary.
(2) For the joint contract of Solano County and the Solano County
trial court, a one-time separate computation of the assets and
liabilities of the Solano County trial court and those of Solano
County, as determined by the actuary.
(b) For purposes of this section and the computation of assets and
liabilities, the following shall apply:
(1) A person shall be deemed a trial court employee for service
that satisfies either of the following:
(A) If the person was employed by the trial court on January 1,
2001, all continuous service for the county immediately preceding
January 1, 2001, regardless of whether that service was as a county
employee or a county employee assigned to the trial court.
(B) Any service on or after January 1, 2001, that the person is
employed by the trial court.
(2) A person shall be deemed a county employee for service that
satisfies any of the following:
(A) Any period of service prior to January 1, 2001, that is not
described in subparagraph (A) of paragraph (1).
(B) Any service on or after January 1, 2001, that the person is
employed by the county.
(c) On or before March 1, 2008, each respective trial court and
county described in subdivision (a) shall identify and send to the
board the following information:
(1) Those active, inactive, and retired members that are
considered county employees and those active, inactive, and retired
members that are considered trial court employees.
(2) Any lump-sum payments previously made by either the county or
the trial court to the system that covers the period from January 1,
2001, to January 1, 2008, inclusive.
(d) On or before October 1, 2008, the board shall forward the
computation described in subdivision (a) to each respective county
and the trial court for that county. The computation shall be based
upon the most recent annual actuarial valuation at the time the data
described in subdivision (c) is received by the board.
(e) Nothing in this section shall be construed to effect the
combined calculation of assets and liabilities for purposes of
setting the employer contribution rate for both a county and a trial
court as described in subdivision (b) of Section 20815.