§ 19999
59 words·~1 min read·
/ca/government-code/19999A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.