Statute · California Government Code
Cal. Gov't Code § 45342 — Pension and Retirement Systems
Cal. Gov't Code § 45342
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the city and the employee members of the system which shall be based on percentages of pay roll to be changed only by adjustments on account of experience under the system.
Citator
Cal. Gov't Code § 45342 — Pension and Retirement Systems is in force in the current edition of the Code, and nothing recorded condemns it.
Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the city and the employee members of the system which shall be based on percentages of pay roll to be changed only by adjustments on account of experience under the system.