Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 15. SAN MATEO COUNTY TRANSIT DISTRICT [103000 - 103700]
( Part 15 added by Stats. 1974, Ch. 502. ) CHAPTER 6. Personnel [103400 - 103451]
( Chapter 6 added by Stats. 1974, Ch. 502. ) ARTICLE 3. Pension Plan [103440 - 103442]
( Article 3 added by Stats. 1974, Ch. 502. ) 103442.
All persons receiving pension benefits from an acquired public utility, and all persons entitled to pension benefits under any pension plan of such acquired public utility, may become members or receive pensions under a pension plan established by the district by mutual agreement of such persons and the district. Such agreement may provide for the waiver of all rights, privileges, benefits, and status with respect to the pension plan of such acquired public utility.
(Added by Stats. 1974, Ch. 502.)