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.