California § 9354.5 - The board shall keep in convenient form such data as is necessary for the actuari
Full text of California Public Contract Code - PCC § 9354.5 — The board shall keep in convenient form such data as is necessary for the actuari, with citation guidance and answers to common questions.
§ 9354.5. The board shall keep in convenient form such data as is necessary for the actuari
The board shall keep in convenient form such data as is necessary for the actuarial valuation of this system. As of June 30, 1973, and thereafter at the ends of periods not to exceed four years, it shall cause to be made an actuarial investigation into the mortality, service and compensation experience of members and persons receiving benefits and an actuarial valuation of the assets and liabilities of this system. From time to time it shall determine the rate of interest being earned on the Legislatorsâ Retirement Fund. The board shall cause to be published, as of the date of the investigation and valuation, a financial statement showing an actuarial valuation of the assets and liabilities of this system and a statement as to the accumulated cash and securities in the Legislatorsâ Retirement Fund as certified by the Controller. The board shall include recommendations for financing the system in the financial statement.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 9354.5
What does Public Contract Code - PCC § 9354.5 cover?
Section 9354.5 ("The board shall keep in convenient form such data as is necessary for the actuari") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 9354.5?
A common citation format is "Public Contract Code - PCC § 9354.5" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9354.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.