Government Code § 31592
‹ § 31591§ 31592.2 ›Open in browserleginfo ↗31592.
Earnings of the retirement fund during any year in excess of the total interest credited to contributions and reserves during such year shall remain in the fund as a reserve against deficiencies in interest earnings in other years, losses on investments and other contingencies, except as provided in Sections 31529.5 and 31592.2.
(Amended by Stats. 1977, Ch. 202.)