Public Utilities Code § 30402
‹ § 30401§ 30403 ›Open in browserleginfo ↗30402.
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. 1964, 1st Ex. Sess., Ch. 62.)