Code Section Group

Public Utilities Code - PUC

DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]

  ( Division 10 repealed and added by Stats. 1955, Ch. 1036. )

PART 8. SAN DIEGO COUNTY TRANSIT DISTRICT [90000 - 93017]

  ( Part 8 added by Stats. 1965, Ch. 2039. )

CHAPTER 5. Retirement System [90350 - 90351]
  ( Chapter 5 added by Stats. 1965, Ch. 2039. )

90350.
  

The district is empowered to contract with the State Employees’ Retirement System and may provide retirement and disability benefits for employees under the State Employees’ Retirement System pursuant to its rules and regulations.

(Added by Stats. 1965, Ch. 2039.)

90351.
  

Whenever the district acquires existing facilities from a publicly or privately owned public utility, either in proceedings in eminent domain or otherwise, that has a pension plan in operation, members and beneficiaries of such pension plan shall continue to have the rights, privileges, benefits, obligations and status with respect to such established system.

Whenever any such facilities are acquired by the district, the board shall consider and take into account the outstanding obligations and liabilities of the publicly or privately owned public utility by reason of such pension plan and shall negotiate an allowance in the purchase price of such utility for the assumption of such obligations and liabilities when acquiring the facilities.

(Added by Stats. 1965, Ch. 2039.)

PUCPublic Utilities Code - PUC