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California Law (Last Updated: March 4, 2014) |
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Government Code - GOV |
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Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
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Division 5. PERSONNEL |
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Part 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM |
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Chapter 1. General Provisions and Definitions |
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ARTICLE 2. Definitions |
Section 20062.5.
Latest version.
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"Risk pool" means the combination of assets and liabilities with respect to one or more contracting agencies for the purpose of pooling actuarial experience and setting the employer contribution rates pursuant to Section 20840.
(Added by Stats. 2002, Ch. 1133, Sec. 2. Effective January 1, 2003.)