California § 28892. 28892. (Added by Stats. 1957, Ch. 1056.)

California Statutes

§ 28892. — 28892. (Added by Stats. 1957, Ch. 1056.)

California § 28892.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 10.DIVISION 10. TRANSIT DISTRICTS

Part 2.PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT

Ch. 5.CHAPTER 5. Retirement System

Art. 2.ARTICLE 2. Benefits and Contributions

This text of California § 28892. (28892. (Added by Stats. 1957, Ch. 1056.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 28892. (2026).

Text

The board shall provide that both the district and the members shall contribute to the retirement system. The rate of contribution by an officer or employee of the district becoming a member of the retirement system shall be so fixed as to provide, with accumulated interest and based on tables and assumptions adopted by the board, substantially one-half the value of any retirement allowance granted for service, exclusive of any credits allowed for prior service.

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The board shall provide that both the district and the members shall contribute to the retirement system. The rate of contribution by an officer or employee of the district becoming a member of the retirement system shall be so fixed as to provide, with accumulated interest and based on tables and assumptions adopted by the board, substantially one-half the value of any retirement allowance granted for service, exclusive of any credits allowed for prior service.

Legislative History

Added by Stats. 1957, Ch. 1056.

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California § 28892., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/28892..