Article 1Establishment of Plan
Section § 24900
This law allows multiple school districts to come together and propose a retirement plan for their teachers and other district employees if they don't already have a city or county pension plan. The plan can be put to a vote among the residents of the districts if the governing boards decide to do so, or if a petition with at least 10% of the electors' signatures is submitted. The districts will also cover some of the plan’s costs and administrative expenses using their funds.
Section § 24901
This law explains that school districts can let people vote on a new plan during any regular or special election. The school boards decide when these elections happen, following specific rules laid out in another section of the education code.
Section § 24902
This law explains how school district elections concerning the establishment of a district retirement plan should be handled. When such an election is held, it must be combined with other district elections happening on the same day. All the polling places, voting booths, and election officers used must be the same across these elections. Voters will decide on the retirement plan using a single ballot, and everything about the election will be documented as if it’s a single, unified election.
Section § 24903
This law section says that an election can be combined with another election according to certain rules in the Elections Code.
Section § 24904
This law states that if there's an upcoming election, notices must be posted at least 10 days before the vote, and they need to be signed by most of the board members from each district. If the district has a widely circulated newspaper, the notice should also be published in it at least once, 10 days before the election.
Section § 24905
This section states that when a school district holds an election for a purpose not specifically outlined, it should follow the same procedures used for bond authorization elections. Essentially, these elections must be conducted like elections for school district bonds, including how they are organized and results announced. Additionally, the school districts' governing boards involved in the election are to function as a single board.
Section § 24906
This law section is about a proposition that will appear on election ballots. It asks voters if the school district boards should have the authority to create a joint retirement plan for teachers and other district employees. Voters can choose 'Yes' or 'No' on the ballot to show their decision.
Section § 24907
If most voters in each district agree to a proposal in an election, the school boards must create a shared retirement plan for teachers and other district employees as decided by the boards or a petition.
Section § 24908
If most people in each district vote against a proposal, the decision-makers cannot propose the same idea again for at least six months after the election.