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HomeGovernment CodeDiv. 5Pt. 3Ch. 5Art. 3§ 20534 Prior Service Liability Payment

§ 20534 Prior Service Liability Payment

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
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§ 20534 Prior Service Liability Payment

Key Takeaways

  • •The board can work with other agencies to pay for past service costs.
  • •They can only pay what they can afford based on their money situation.
  • •This rule was added in 1995 and started in 1996.

Example

A school district needs to pay for teachers' past years of work benefits.

The board can make a deal with the teachers' union to pay a little each year instead of all at once, as long as the school has enough money.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 20534 Prior Service Liability Payment

The board may make arrangements with any contracting agency for the payment of the prior service liability on terms that its financial condition will permit. (Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)

Last verified: January 22, 2026

Key Terms

prior service liabilitycontracting agency

Related Statutes

  • § 20532 Contracting Agency Contributions
  • § 20536 Contracting Agency Administrative Costs
  • § 20537 Late Payment Interest Charges
  • § 20538 Retirement System Electronic Payments
  • § 12440 State Treasury Payment Warrants

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 20534.
View Official Source