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( Division 10 repealed and added by Stats. 1955, Ch. 1036.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. ) 50132.
Before establishing any retirement system the board shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by the system, and the prospective assets and liabilities of the system.
(Added by Stats. 1963, Ch. 839.)