Amends and repeals existing law to provide that the manager of the State Insurance Fund shall be the custodian of the fund and to provide that employees of the fund hired after a certain date shall participate in a certain sick leave program.

INSURANCE -- Amends and repeals existing law to provide that the manager of the State Insurance Fund shall be the custodian of the fund and to provide that employees of the fund hired after a certain date shall participate in a certain sick leave program.