Article 11.5 - DEFERRED RETIREMENT OPTION PROGRAM
- Section 31770 - Title of article
- Section 31770.1 - Program created; compliance with Title 26 of United States code and Revenue and Taxation Code; severability
- Section 31770.2 - Definitions
- Section 31770.3 - Adoption of ordinance or resolution implementing article or selected provisions of article
- Section 31770.4 - Actuarial analysis conducted prior to adoption of implementing ordinance
- Section 31770.5 - Eligibility requirements
- Section 31770.6 - Notification to members of rights; information regarding benefits
- Section 31770.7 - Benefits not subject to execution or other process
- Section 31770.8 - Dissolution of marriage, division of community property and child support
- Section 31771 - Forward DROP provisions
- Section 31771.1 - Election to participate in forward DROP provisions
- Section 31771.2 - Accrual of benefits under program after election; election irrevocable; exception; rights, privileges, benefits; eligibility of spouse to receive benefits
- Section 31771.3 - Employer contributions
- Section 31772 - Program account for each participant
- Section 31772.1 - Statement to participant
- Section 31773 - Death of participant during program period
- Section 31774 - Eligibility for disability retirement during program period
- Section 31775 - Termination of participation
- Section 31776 - Completion of participation in program
- Section 31776.1 - Termination of employment and retirement from service
- Section 31776.2 - Monthly allowance
- Section 31776.3 - Distribution of participant's program account
- Section 31776.4 - Designation of beneficiary
- Section 31776.5 - Final compensation
- Section 31777 - Actuarial equivalent DROP provisions
- Section 31778 - Backward DROP provisions
- Section 31778.1 - One-time-lump sum payment
- Section 31778.2 - Death of participant during period from deferred calculation date to election date
- Section 31778.3 - Designation of beneficiary
- Section 31778.4 - Termination of employment and retirement from system
- Section 31779 - Actuarial analysis of cost impact of program
- Section 31779.1 - Rights of retired participant at time program discontinued
- Section 31779.2 - Election to become subject to modified provisions
- Section 31779.3 - Actuarial analysis at end of each successive period specified in implementing ordinance