Statute · California Public Utilities Code
Cal. Pub. Util. Code § 12391 — Investigation and Penalties
Cal. Pub. Util. Code § 12391
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
At least once in each four-year period after the establishment of the retirement system the board shall cause to be made an actuarial valuation of the assets and liabilities of the retirement fund, and upon the basis of such investigation and valuation shall make such revision or change of the…
Citator
Cal. Pub. Util. Code § 12391 — Investigation and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
At least once in each four-year period after the establishment of the retirement system the board shall cause to be made an actuarial valuation of the assets and liabilities of the retirement fund, and upon the basis of such investigation and valuation shall make such revision or change of the rates of contribution, the periods and conditions of service, and amounts of retirement allowances as may be necessary.