Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT [99150 - 99582]
( Part 11 added by Stats. 1968, Ch. 1325. ) CHAPTER 3. Miscellaneous [99150 - 99178]
( Chapter 3 added by Stats. 1976, Ch. 501. ) 99158.
Notwithstanding any other provision of law, a transit district may not establish or contribute to a pension or retirement benefits plan or purchase an annunity for any member of its governing board who first served as a member of the governing board after January 1, 1989. This section does not apply to a deferred compensation plan described in Section 53213 of the Government Code.
(Added by Stats. 1988, Ch. 1160, Sec. 3.)