Statute · California Public Utilities Code

Cal. Pub. Util. Code § 125552 — Pension Plan

Cal. Pub. Util. Code § 125552

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Date
2006-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

All persons receiving pension benefits from an acquired public utility, and all persons entitled to pension benefits under any pension plan of the acquired public utility, may become members or receive pensions under a pension plan established by the district by mutual agreement of those persons…

Citator

Cal. Pub. Util. Code § 125552 — Pension Plan is in force in the current edition of the Code, and nothing recorded condemns it.

All persons receiving pension benefits from an acquired public utility, and all persons entitled to pension benefits under any pension plan of the acquired public utility, may become members or receive pensions under a pension plan established by the district by mutual agreement of those persons and the district. The agreement may provide for the waiver of all rights, privileges, benefits, and status with respect to the pension plan of the acquired public utility.