California Legal Codes and Statutes

§ 31592

Amended by Stats. 1977, Ch. 202.

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.

Cite this section

Cal. Gov. Code § 31592 (2026)
https://ca.codecond.com/codes/gov/title-3-government-of-counties/division-4-employees/part-3-retirement-systems/chapter-3-county-employees-retirement-law-of-1937/article-5-financial-provisions/section-31592

Other sections in Article 5 - Financial Provisions

§ 31580§ 31580.1§ 31580.2§ 31581§ 31581.1§ 31581.2§ 31582§ 31582.1§ 31584§ 31585…§ 31597§ 31597.1§ 31597.2§ 31598§ 31599§ 31600§ 31601.1§ 31602§ 31603§ 31607

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.