Examples of Public retirement system in a sentence
Public retirement system assets may be invested in private corporate capital stock.
Pert also noted that functionally the limbic system should be conceived to extend down into the posterior horn of the spinal cord.
Public retirement system assets, including income and actuarially required contributions, shall not be encumbered, diverted, reduced, or terminated and shall be held in trust to provide benefits to participants and their beneficiaries and to defray administrative expenses.(2) The governing boards of public retirement systems shall administer the system, including actuarial determinations, as fiduciaries of system participants and their beneficiaries.
New members are defined as employees that: 1) have never worked for a CalPERS agency, 2) have worked previously for a CalPERS agency, and had a break in service of greater than 6 months, or 3) have never worked for a CalPERS agency and are not eligible for recirocity with another Public retirement system.
Public retirement system benefits shall not be diminished or impaired, except that certain adjustments to the public safety personnel retirement system may be made as provided in senate bill 1428, as enacted by the fifty- second legislature, second regular session.