Statute · California Government Code
Cal. Gov't Code § 66540.65 — Employee Benefits and Retirement System
Cal. Gov't Code § 66540.65
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2008-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any pension or retirement system adopted by the board shall be on a sound actuarial basis and provide for contributions by both the authority and the employee members of the system which shall be based on percentage of payroll to be changed only by adjustments on account of experience under the…
Citator
Cal. Gov't Code § 66540.65 — Employee Benefits and Retirement System is in force in the current edition of the Code, and nothing recorded condemns it.
Any pension or retirement system adopted by the board shall be on a sound actuarial basis and provide for contributions by both the authority and the employee members of the system which shall be based on percentage of payroll to be changed only by adjustments on account of experience under the system.