Statute · California Government Code
Cal. Gov't Code § 66540.59 — Employee Benefits and Retirement System
Cal. Gov't Code § 66540.59
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2008-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Before establishing any retirement system, the authority shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by the system, and the prospective assets and liabilities of the system.
Citator
Cal. Gov't Code § 66540.59 — Employee Benefits and Retirement System is in force in the current edition of the Code, and nothing recorded condemns it.
Before establishing any retirement system, the authority shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by the system, and the prospective assets and liabilities of the system.