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2009 California Government Code - Section 50975-50976 :: Article 6. Indemnity
GOVERNMENT CODESECTION 50975-50976
50975. The Public Employees' Retirement System, as a public entity, and the present, future, and former board members of the Public Employees' Retirement System, jointly and individually, and state officers and employees, shall be indemnified from the General Fund as described in Section 16641.5 for all claims, demands, suits, actions, damages, judgments, costs, charges, and expenses as a result of the transfer of the award system from the Board of Administration of the Public Employees' Retirement System to the board of the California State Fire Employees Welfare Benefit Corporation. 50976. (a) The Board of Administration of the Public Employees' Retirement System shall not be liable for any action or failure to act by the board of the California State Fire Employees Welfare Benefit Corporation. Upon transfer of the award system, the board of the California State Fire Employees Welfare Benefit Corporation shall assume all responsibilities and liabilities related to the award system. (b) As of the date of the transfer or termination of the award system, the Board of Administration of the Public Employees' Retirement System shall have no liability or responsibility for the administration of the award system.
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