California Statutes

§ 30451. — 30451. (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. 3. ARTICLE 3. Employees Under Bargaining Agreements
The adoption, terms, and conditions of the retirement systems covering employees of the district in a bargaining unit represented by a labor organization shall be pursuant to a collective bargaining agreement between such labor organization and the district. Any such retirement system adopted pursuant to a collective bargaining agreement shall be on a sound actuarial basis. The district and the labor organization representing the district’s employees in a bargaining unit shall be equally represented in the administration of such retirement system.

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California § 30451. (30451. (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.
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