CA AB826

Applies only to Ventura County (thirteenth class county) and allows flexible benefits plan allowances under Internal Revenue Code Section 125 cafeteria plans to be included in compensation earnable for retirement purposes.

Requires that flexible benefit allowances were included in compensation earnable as of July 30, 2020, with both employer and employee making required contributions based on that allowance.

Mandates that flexible benefit allowances be made available to all employees in the same grade or class of positions, with single employees excluded from this definition.

Applies only to eligible members who retire on or before December 31, 2025; members retiring after that date will receive refunds of contributions made based on excluded remuneration in accordance with Internal Revenue Code requirements.

Excludes new members as defined in Section 7522.04 from the benefits of this provision.