Statute · California Public Utilities Code

Cal. Pub. Util. Code § 30431 — Benefits and Contributions

Cal. Pub. Util. Code § 30431

Type
Statute
Source
California Public Utilities 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 district and the employee members of the system which shall be based on percentage of pay roll to be changed only by adjustments on account of experience under the system.

Citator

Cal. Pub. Util. Code § 30431 — Benefits and Contributions 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 district and the employee members of the system which shall be based on percentage of pay roll to be changed only by adjustments on account of experience under the system.