Cal. Gov. Code § 19999

Current through the 2023 Legislative Session.
Section 19999 - Legislative intent to authorize development of system

The Legislature hereby finds and declares that retirement costs to the state and its employees would be reduced by the establishment of a two-tiered retirement system which would improve the coordination of benefits between Social Security and the Public Employees' Retirement System.

It is therefore the intent of the Legislature to authorize the development of a two-tiered retirement system.

Ca. Gov. Code § 19999

Added by Stats. 1982, Ch. 327, Sec. 58. Effective June 30, 1982.