Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 5./Title 4.: DIVISION 5. EMPLOYEES/Ch. 2.: CHAPTER 2. Retirement/Art. 2.: ARTICLE 2. Pension and Retirement Systems/§ 45342.
California Statutes

§ 45342. — 45342. (Added by Stats. 1949, Ch. 79.)

California·Code GOV Government Code - GOV·Div. 5.·Title 4. DIVISION 5. EMPLOYEES·Ch. 2. CHAPTER 2. Retirement·Art. 2. ARTICLE 2. Pension and Retirement Systems
Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the city and the employee members of the system which shall be based on percentages of pay roll to be changed only by adjustments on account of experience under the system.

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California § 45342. (45342. (Added by Stats. 1949, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Legislative History

Added by Stats. 1949, Ch. 79.
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