Code Section

Public Utilities Code - PUC

DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]

  ( Division 10 repealed and added by Stats. 1955, Ch. 1036.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

PART 5. SAN JOAQUIN REGIONAL TRANSIT DISTRICT [50000 - 50507]

  ( Heading of Part 5 amended by Stats. 1994, Ch. 704, Sec. 9. )
  

CHAPTER 5. Retirement System [50130 - 50156]

  ( Chapter 5 added by Stats. 1963, Ch. 839. )
  

ARTICLE 1. Establishment [50130 - 50135]
  ( Article 1 added by Stats. 1963, Ch. 839. )

  
50131.  

The district may maintain its own retirement fund or may provide for benefits to eligible officers and employees, or their beneficiaries, by means of group insurance, or other insurance, or by such means as in the opinion of the board will satisfactorily provide an adequate and sure method of meeting the payments contemplated by the retirement system.

(Added by Stats. 1963, Ch. 839.)