California Statutes
§ 30431. — 30431. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 3. PART 3. SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT·Ch. 4. CHAPTER 4. Retirement System and Employment Benefits·Art. 2. ARTICLE 2. Benefits and Contributions
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.
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California § 30431. (30431. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1964, 1st Ex. Sess., Ch. 62.