The board may contract with a third party to temporarily assume administration of the system if a catastrophic event destroys or severely damages the system’s administrative facilities or otherwise prevents or significantly hinders continued local administration of the system. Local administration of the system shall resume as soon as practicable.
The costs of contracting with the third party for temporary administration of the system shall be a charge against the investment earnings of the retirement
fund.
31520
31520.1
31520.2
31520.3
31520.4
31520.5
31520.11
31520.12
31520.13
31521
31521.1
31521.3
31522
31522.1
31522.2
31522.3
31522.4
31522.5
31522.6
31522.7
31522.8
31522.9
31522.10
31523
31523.1
31524
31525
31526
31527
31528
31529
31529.1
31529.5
31529.6
31529.9
31530
31531
31532
31533
31534
31535
31535.1
31536
31537
31538
31539
31540
31541
31542
31542.5
31543
31520.1
31520.2
31520.3
31520.4
31520.5
31520.11
31520.12
31520.13
31521
31521.1
31521.3
31522
31522.1
31522.2
31522.3
31522.4
31522.5
31522.6
31522.7
31522.8
31522.9
31522.10
31523
31523.1
31524
31525
31526
31527
31528
31529
31529.1
31529.5
31529.6
31529.9
31530
31531
31532
31533
31534
31535
31535.1
31536
31537
31538
31539
31540
31541
31542
31542.5
31543