Government Code - GOV
TITLE 4. GOVERNMENT OF CITIES [34000 - 45345]
( Title 4 added by Stats. 1949, Ch. 79. ) DIVISION 5. EMPLOYEES [45000 - 45345]
( Division 5 added by Stats. 1949, Ch. 79. ) CHAPTER 2. Retirement [45300 - 45345]
( Chapter 2 added by Stats. 1949, Ch. 79. ) ARTICLE 2. Pension and Retirement Systems [45341 - 45345]
( Heading of Article 2 amended by Stats. 1955, Ch. 624. ) 45342.
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.
(Added by Stats. 1949, Ch. 79.)